Living Opportunities of Depaul Inc

Analysis

Living Opportunities of Depaul Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Living Opportunities of Depaul Inc reported income of $24.5m and spending of $24.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.8m to $24.5m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Opportunities of Depaul Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Family Impact Network ($24.5m), Southeast Missouri Food Bank ($24.6m) and Wissahickon Hospice of Uphs ($24.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $265k (1.1% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $32.5m against liabilities of $21.4m, net assets of $11.1m. It reported 299 employees.