Fair Opportunity for Change Inc

Analysis

Fair Opportunity for Change Inc is a registered charity in United States, based in Carson, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 March 2023, Fair Opportunity for Change Inc reported income of $2.5m and spending of $2.9m, spending 114% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $2.2m to $2.5m (+12%), an average of +3.9% a year. The sharpest change came in the year to March 2021, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Fair Opportunity for Change Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Jackson County Casa ($2.5m), Elder Law & Advocacy ($2.5m) and Network Group Inc ($2.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $295k (10% of expenses). Other salaries and wages came to $986k. At year end it held assets of $1.3m against liabilities of $1.4m, net assets of -$80k. It reported 38 employees.