Unlimited Opportunities Inc

Analysis

Unlimited Opportunities Inc is a registered charity in United States, based in Boonville, MO. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unlimited Opportunities Inc reported income of $7.3m and spending of $5.1m, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $7.3m (+55%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unlimited Opportunities Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Consensus Building Institute Inc ($7.3m), Sr1 ($7.3m) and Flint Institute of Arts ($7.3m).

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. Other salaries and wages came to $3.1m. At year end it held assets of $9.0m against liabilities of $512k, net assets of $8.5m. It reported 135 employees.