Wider Opportunities Inc

Analysis

Wider Opportunities Inc is a registered charity in United States, based in LA Belle, MO. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 2022, Wider Opportunities Inc reported income of $337k and spending of $374k, spending 111% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income grew from $320k to $337k (+5.3%), an average of +2.6% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wider Opportunities Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Society for the Study of Myth and Tradition Inc ($337k), Catherine Street Housing Development Fund Company Inc ($337k) and Volunteer English Program in Chester County ($337k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $279k. At year end it held assets of $323k against liabilities of $24k, net assets of $299k. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.