Opera Idaho Foundation Inc

Analysis

Opera Idaho Foundation Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in September 2016, 10 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 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, Opera Idaho Foundation Inc reported income of $91k and spending of $82k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $103k to $91k (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Opera Idaho Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within ID. Charities of a similar size with the same main cause include T E a M Foundation Inc ($91k), Hailey Rotary Foundation Inc ($91k) and Queens Daughters Inc ($90k).

Other salaries and wages came to $9,901. At year end it held assets of $172k against liabilities of $4,975, net assets of $167k. It reported 10 employees.