Opportunity Matters Inc

Analysis

Opportunity Matters Inc is a registered charity in United States, based in Sartell, MN. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Opportunity Matters Inc reported income of $8.0m and spending of $7.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.2m to $8.0m (-1.9%), an average of -0.5% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunity Matters Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include YWCA of Greater Baton Rouge ($8.0m), East Side Neighborhood Service Inc ($8.0m) and Anne Arundel County Food Bank Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $220k (2.8% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $9.8m against liabilities of $944k, net assets of $8.9m. It reported 324 employees.