Monroe County Opportunity Program

Analysis

Monroe County Opportunity Program is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in August 1966, 60 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 September 2023, Monroe County Opportunity Program reported income of $7.4m and spending of $7.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $7.4m (+79%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 132%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monroe County Opportunity Program 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 MI. Charities of a similar size with the same main cause include Visiting Nurse Hospice and Health Care ($7.4m), Neighborhood House Inc ($7.4m) and Rescue- Freedom International ($7.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $212k (2.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $2.5m against liabilities of $809k, net assets of $1.7m. It reported 108 employees.