Opportunity Ministries Inc

Analysis

Opportunity Ministries Inc is a registered charity in United States, based in Pasadena, MD. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 May 2023, Opportunity Ministries Inc reported income of $1.6m and spending of $770k, leaving 51% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $880k to $1.6m (+78%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 104%. Over the whole period it spent 62% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Opportunity Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include New York Water Environment Association Inc ($1.6m), New England Water Environment Assoc ($1.6m) and Botanical Garden of the Piedmont ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $76k (9.8% of expenses). Other salaries and wages came to $207k. At year end it held assets of $2.1m against liabilities of $310k, net assets of $1.8m. It reported 11 employees.