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Opportunity Marshall Inc

RegisteredEIN 27-2563888Benton, KYCommunity and economic development
Income$165k2023-12
Spending$142ksame year
Spent / received79%2-year average
Size in its cause47th pctCommunity and economic development
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Opportunity Marshall Inc is a registered charity in United States, based in Benton, KY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Opportunity Marshall Inc reported income of $165k and spending of $142k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $165k (+266%), an average of +266% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Marshall Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include West Bend Economic Development Corp Oration ($165k), Mainstreet Shelbyville Incorporated ($166k) and GWBN Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $3,960, net assets of $182k.

Income and spending

$0$41k$83k$124k$165k2022 Income: $45,1482022 Spending: $24,93020222023 Income: $165,4182023 Spending: $141,5502023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
West Bend Economic Development Corp OrationWest Bend$165k
Mainstreet Shelbyville IncorporatedShelbyville$166k
GWBN IncBuffalo$165k
Midtown Greenway CoalitionMinneapolis$166k