Christian Opportunity Center

Analysis

Christian Opportunity Center is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in July 1969, 57 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 August 2023, Christian Opportunity Center reported income of $17.4m and spending of $13.4m, leaving 23% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $13.1m to $17.4m (+32%), an average of +9.8% a year. The sharpest change came in the year to August 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Christian Opportunity Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include True North Flexstaff Inc ($17.4m), Pennsylvania Microenterprise Coalition ($17.4m) and Goodwill Industries of Northeast Texas Inc ($17.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $308k (2.3% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $18.2m against liabilities of $2.4m, net assets of $15.8m. It reported 376 employees.