Midways Opportunity House

Analysis

Midways Opportunity House is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in November 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, Midways Opportunity House reported income of $406k and spending of $429k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $319k to $406k (+27%), an average of +4.9% a year. The sharpest change came in the year to December 2019, when income dropped by 28%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Midways Opportunity House sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Fort Littlegreen Gardens Inc ($406k), Springfield Boys Club Trust Fund for Springfield Boys Club Inc ($406k) and Bgcma Harland Real Estate Company ($406k).

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 $261k (61% of expenses). At year end it held assets of $420k against liabilities of $223k, net assets of $198k.