Opportunity Transformation Investments Inc

Analysis

Opportunity Transformation Investments Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Opportunity Transformation Investments Inc reported income of $442k and spending of $528k, spending 120% of what it took in. The sharpest change came in the year to September 2022, when income dropped by 110%. Over the whole period it spent 309% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Transformation Investments Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Jazjordan Inc ($441k), Princeton-Tulip Water Assoc ($442k) and Downtown Sacramento Revitalization Corporation ($441k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $213k. At year end it held assets of $27.0m against liabilities of $385k, net assets of $26.6m.