Opportunities for Individual Change Inc

Analysis

Opportunities for Individual Change Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Opportunities for Individual Change Inc reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunities for Individual Change Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Matforce the Yavapai County Substance Abuse Coalition ($4.2m), Moore Community House ($4.2m) and Aid to Victims of Domestic Abuse Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $309k (7.3% of expenses). Other salaries and wages came to $901k. At year end it held assets of $2.2m against liabilities of $280k, net assets of $1.9m. It reported 34 employees.