Opportunity Living Foundation

Analysis

Opportunity Living Foundation is a registered charity in United States, based in Lake City, IA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Opportunity Living Foundation reported income of $217k and spending of $176k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $96k to $217k (+126%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Opportunity Living Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IA. Charities of a similar size with the same main cause include Medical Center Volunteers Inc ($217k), United Way of the Brown County Area Inc ($217k) and Shane McConkey Foundation ($217k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $2.8m against liabilities of $7,662, net assets of $2.8m.