Opportunities Incorporated

Analysis

Opportunities Incorporated is a registered charity in United States, based in Winooski, VT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Opportunities Incorporated reported income of $53k and spending of $27k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $212k to $53k (-75%), an average of -75% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 20% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunities Incorporated sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 13th percentile within VT. Charities of a similar size with the same main cause include Hyolmo Society of America Inc ($53k), Knowledge Seekers ($53k) and Tate Community Association Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $756k against liabilities of $0, net assets of $756k.