Peoples Opportunity Fund

Analysis

Peoples Opportunity Fund is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Peoples Opportunity Fund reported income of $61k and spending of $11k, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $54k to $61k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2020, when income rose by 201%. Over the whole period it spent 9.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peoples Opportunity Fund sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Transgender Assistance Program of Virginia ($61k), Bethel House Incorporated ($61k) and Visions House ($61k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.4m against liabilities of $77k, net assets of $1.4m.