Opportunity Foundation Inc

Analysis

Opportunity Foundation Inc is a registered charity in United States, based in Williston, ND. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Opportunity Foundation Inc reported income of $13.7m and spending of $12.3m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $13.7m (+332%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 292%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunity Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ND. Charities of a similar size with the same main cause include Willamette Valley Hospice Inc ($13.7m), Illinois Manufacturing Excellence Center ($13.7m) and People Inc of Sequoyah County ($13.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $213k (1.7% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $12.4m against liabilities of $2.4m, net assets of $10.1m. It reported 265 employees.