LA Oportunidad

Analysis

LA Oportunidad is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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, LA Oportunidad reported income of $288k and spending of $305k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $288k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Oportunidad sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include The Lords Pantry ($288k), Rapidan Volunteer Fire Department Inc ($288k) and Volunteers of America Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $102k (34% of expenses). Other salaries and wages came to $76k. At year end it held assets of $492k against liabilities of $18k, net assets of $474k. It reported 3 employees.