Opportunity Knocks

Analysis

Opportunity Knocks is a registered charity in United States, based in River Forest, IL. It received its IRS tax-exemption ruling in November 2010, 16 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, Opportunity Knocks reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $847k to $1.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunity Knocks sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Greater Derry Extended Day Program ($1.1m), Harrison Food Bank ($1.1m) and Adaptive Community Approach Program Incorporated ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 27% of the total. Other salaries and wages came to $138k. At year end it held assets of $736k against liabilities of $21k, net assets of $715k. It reported 40 employees.