Opportunity Resource Fund

Analysis

Opportunity Resource Fund is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2023, Opportunity Resource Fund reported income of $4.0m and spending of $3.0m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.0m (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 214%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunity Resource Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Child Protective Services Community Partners Inc ($4.0m), Joyce Network Inc ($4.0m) and The World Orphan Fund Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $380k (13% of expenses). Other salaries and wages came to $859k. At year end it held assets of $28.0m against liabilities of $18.7m, net assets of $9.2m. It reported 19 employees.