Community Opportunities Inc

Analysis

Community Opportunities Inc is a registered charity in United States, based in Carroll, IA. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Community Opportunities Inc reported income of $13.9m and spending of $14.0m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.9m to $13.9m (+56%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Opportunities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Inland Christian Home Inc ($13.9m), Salem Christian Homes Inc ($13.9m) and Central Maine Area Agency on Aging ($13.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $366k (2.6% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $7.5m against liabilities of $2.4m, net assets of $5.1m. It reported 165 employees.