Tennessee Opportunity Programs Inc

Analysis

Tennessee Opportunity Programs Inc is a registered charity in United States, based in Sparta, TN. It received its IRS tax-exemption ruling in June 1974, 52 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, Tennessee Opportunity Programs Inc reported income of $855k and spending of $849k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $941k to $855k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tennessee Opportunity Programs Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Living Independence for Everyone ($855k), Bellevue Day Care Center Inc ($855k) and Soky Food Bank Inc ($855k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (6.9% of expenses). Other salaries and wages came to $378k. At year end it held assets of $66k against liabilities of $138k, net assets of -$72k. It reported 29 employees.