Opportunity Living

Analysis

Opportunity Living is a registered charity in United States, based in Lake City, IA. It received its IRS tax-exemption ruling in August 1987, 39 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 June 2024, Opportunity Living reported income of $11.5m and spending of $11.6m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $10.4m to $11.5m (+10%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 25%. 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 Living sits at the 95th percentile: it is larger than about 95% 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 One City Schools Inc ($11.5m), New Hampshire Coalition Against Domestic & Sexual Violence ($11.5m) and Choices for People Center for Citizens with Disabilities Inc ($11.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $293k (2.5% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $7.2m against liabilities of $2.8m, net assets of $4.4m. It reported 255 employees.