Power of Perception Inc

Analysis

Power of Perception Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Power of Perception Inc reported income of $358k and spending of $365k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $358k (+449%), an average of +448% a year. The sharpest change came in the year to December 2023, when income rose by 449%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Power of Perception Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Surry County Friends of Youth Incorporated ($357k), Savannah Youth Development Foundation Inc ($358k) and Christys Safe Haven ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $6,333 against liabilities of $142, net assets of $6,191.