Opportunity Resource Services Inc

Analysis

Opportunity Resource Services Inc is a registered charity in United States, based in Cleburne, TX. It received its IRS tax-exemption ruling in December 2013, 13 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 August 2023, Opportunity Resource Services Inc reported income of $2.5m and spending of $2.5m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $2.5m (+65%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Opportunity Resource Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Club of North Louisiana ($2.5m), All Star Code Inc ($2.5m) and Belong Partners ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (4.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $198k against liabilities of $146k, net assets of $52k. It reported 57 employees.