Opportunities Unlimited

Analysis

Opportunities Unlimited is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Opportunities Unlimited reported income of $7.2m and spending of $7.0m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.4m to $7.2m (+11%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opportunities Unlimited sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include A Starting Place Inc ($7.1m), Catherine Sheridan Housing Development Fund Company Inc ($7.2m) and Waverly Care Center Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $133k (1.9% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $5.1m against liabilities of $965k, net assets of $4.2m. It reported 174 employees.