Opera Leggera Inc

Analysis

Opera Leggera Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Opera Leggera Inc reported income of $115k and spending of $94k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $115k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Opera Leggera Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Full of Grace Inc ($115k), Ministerio Internacional Erjtx Inc ($115k) and North East Texas Tres Dias ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $50k (53% of expenses). At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 2 employees.