Educational Opportunity Association Foundation Inc

Analysis

Educational Opportunity Association Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Educational Opportunity Association Foundation Inc reported income of $125k and spending of $64k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $125k (+130%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Opportunity Association Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Kenrose Elementary PTO ($125k), New York State Case Management Coalition Inc ($125k) and Education Fund of the Order of the Eastern Star of Mass ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $795k against liabilities of -$420, net assets of $795k.