Open Opportunities Inc

Analysis

Open Opportunities Inc is a registered charity in United States, based in Pittsburg, CA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Open Opportunities Inc reported income of $493k and spending of $463k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $371k to $493k (+33%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Open Opportunities Inc 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 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Black Students of California United ($492k), Youth Endowment for Activities Foundation Inc ($493k) and Youth in Focus ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,003 (1.3% of expenses). Other salaries and wages came to $134k. At year end it held assets of $114k against liabilities of $6,539, net assets of $108k. It reported 8 employees.