Educational Opportunity Association Inc

Analysis

Educational Opportunity Association Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in October 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Educational Opportunity Association Inc reported income of $808k and spending of $739k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $808k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational Opportunity Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Yukon-Kuskokwim Delta Tribal Broadband Consortium ($808k), The Oley Foundation Inc ($808k) and Penna Library Association ($807k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $848k against liabilities of $0, net assets of $848k.