Opportunity Through Entrepreneurship Foundation

Analysis

Opportunity Through Entrepreneurship Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Opportunity Through Entrepreneurship Foundation reported income of $65k and spending of $31k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $65k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opportunity Through Entrepreneurship Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Patterson Booster Club ($65k), Marion Community Scholarship Foundation Inc ($65k) and Regional Analysis and Planning Services Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $16k. At year end it held assets of $224k against liabilities of $0, net assets of $224k. It reported 3 employees.