Potentia Living Inc

Analysis

Potentia Living Inc is a registered charity in United States, based in Springboro, OH. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Potentia Living Inc reported income of $107k and spending of $10k, leaving 90% of income unspent that year. Over the whole period it spent 9.7% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Potentia Living Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Bridgewell Lynn Housing Corporation ($106k), Ventura Social Service Task Force Inc ($107k) and Northland Lutheran Affordable Living for the Elderly Inc ($106k).

At year end it held assets of $2.5m against liabilities of $2.6m, net assets of -$83k.