Opportunity Services Inc

Analysis

Opportunity Services Inc is a registered charity in United States, based in Savage, MN. It received its IRS tax-exemption ruling in December 1975, 51 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 June 2023, Opportunity Services Inc reported income of $6.9m and spending of $5.9m, spending 86% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $8.0m to $6.9m (-14%), an average of -5.1% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Suncoast Workforce Board Inc ($6.9m), Casa Allegra Community Services ($6.9m) and Community Workforce Solutions Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $11.7m against liabilities of $894k, net assets of $10.8m. It reported 183 employees.