Tri-Valley Opportunity Council Inc

Analysis

Tri-Valley Opportunity Council Inc is a registered charity in United States, based in Crookston, MN. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover community improvement and capacity building, 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, Tri-Valley Opportunity Council Inc reported income of $30.7m and spending of $29.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.0m to $30.7m (+23%), an average of +5.3% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tri-Valley Opportunity Council Inc sits at the 99th percentile: it is larger than about 99% 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 Spanish-Speaking Unity Council of Alameda County Inc ($30.5m), Opportunity Village Association for Retarded Citizens ($31.0m) and Worksystems Inc ($30.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $287k (1.0% of expenses). Other salaries and wages came to $15.5m. At year end it held assets of $22.7m against liabilities of $10.2m, net assets of $12.5m. It reported 571 employees.