Ohio Valley Opportunities Inc

Analysis

Ohio Valley Opportunities Inc is a registered charity in United States, based in Madison, IN. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ohio Valley Opportunities Inc reported income of $13.4m and spending of $13.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $13.4m (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohio Valley Opportunities Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include The Young Center for Immigrant Childrens Rights ($13.4m), The League for People with Disabilities Inc ($13.4m) and Tucson Jewish Community Center Inc ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $282k (2.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.0m against liabilities of $1.2m, net assets of $4.7m. It reported 87 employees.