Partners in Opportunity Inc

Analysis

Partners in Opportunity Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Partners in Opportunity Inc reported income of $356k and spending of $239k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $339k to $356k (+5.0%), an average of +2.5% a year. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Partners in Opportunity Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include United Disabled Americans Inc ($356k), Rosewood Court Inc ($356k) and Backtrack Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (21% of expenses). Other salaries and wages came to $150k. At year end it held assets of $516k against liabilities of $0, net assets of $516k. It reported 7 employees.