Learning Opportunities-Quality Works Inc

Analysis

Learning Opportunities-Quality Works Inc is a registered charity in United States, based in Monroe City, MO. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2023, Learning Opportunities-Quality Works Inc reported income of $4.2m and spending of $3.5m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $4.2m (+80%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Learning Opportunities-Quality Works Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include MRC Industries Incorporated ($4.2m), Beverly Bootstraps Community Services Inc ($4.2m) and Anne Arundel County Community Action Agency Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $3.0m against liabilities of $106k, net assets of $2.9m. It reported 142 employees.