Opportunities for Inclusion Inc
Analysis
Opportunities for Inclusion Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in October 1971, 55 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 June 2023, Opportunities for Inclusion Inc reported income of $4.2m and spending of $4.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $4.2m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunities for Inclusion Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include The Western Youth Network Inc ($4.2m), Second Street Youth Center Foundation Inc ($4.2m) and CBN Israel Inc ($4.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $173k (4.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.2m against liabilities of $824k, net assets of $3.4m. It reported 82 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Western Youth Network Inc | Boone | $4.2m |
| Second Street Youth Center Foundation Inc | Plainfield | $4.2m |
| CBN Israel Inc | Virginia BCH | $4.2m |
| Recreation Association of Corcoran Inc | Corcoran | $4.2m |