Opportunity Through Education Inc

Analysis

Opportunity Through Education Inc is a registered charity in United States, based in Selma, CA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Opportunity Through Education Inc reported income of $745k and spending of $743k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $573k to $745k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opportunity Through Education Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Achievers Educational Center Inc ($745k), Z&y Future Foundation ($745k) and Read 718 ($745k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (14% of expenses). Other salaries and wages came to $350k. At year end it held assets of $557k against liabilities of $410k, net assets of $148k. It reported 20 employees.