Opportunity Partners Inc

Analysis

Opportunity Partners Inc is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in June 1954, 72 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Partners Inc reported income of $27.6m and spending of $28.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $34.1m to $27.6m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Partners Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include International Union of Operating Engineers National Training Fund ($27.5m), Workforce Solutions for South Texas ($27.6m) and Human Technologies Corporation ($27.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $600k (2.1% of expenses). Other salaries and wages came to $17.1m. It paid $14k in professional fundraising fees. At year end it held assets of $28.5m against liabilities of $9.8m, net assets of $18.8m. It reported 423 employees.