Decatur-Macon County Opportunities Corporation

Analysis

Decatur-Macon County Opportunities Corporation is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in December 1969, 57 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 February 2024, Decatur-Macon County Opportunities Corporation reported income of $8.3m and spending of $9.0m, spending 108% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income grew from $6.0m to $8.3m (+40%), an average of +8.7% a year. The sharpest change came in the year to February 2022, when income rose by 54%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Decatur-Macon County Opportunities Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Latino Community Fund of Washingtonstate ($8.3m), Family & Childrens Services of Central Maryland Inc ($8.3m) and Tennessee Childrens Home Inc ($8.3m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 96% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $164k (1.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $19.7m against liabilities of $17.4m, net assets of $2.3m. It reported 85 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.