Making Opportunity Count Inc

Analysis

Making Opportunity Count Inc is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Making Opportunity Count Inc reported income of $53.4m and spending of $52.3m, spending 98% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $20.8m to $53.4m (+156%), an average of +26% a year. The sharpest change came in the year to October 2023, when income rose by 79%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Making Opportunity Count Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Henry Street Settlement ($53.3m), Ohio Living Holdings ($53.5m) and Stepforward ($53.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $414k (0.8% of expenses). Other salaries and wages came to $16.5m. At year end it held assets of $34.8m against liabilities of $27.6m, net assets of $7.2m. It reported 396 employees.