Opportunity Unlimited

Analysis

Opportunity Unlimited is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2012, 14 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 December 2023, Opportunity Unlimited reported income of $1.0m and spending of $889k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $777k to $1.0m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 29%. 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 Unlimited sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Manasota Solve Inc ($1.0m), Seedling Projects ($1.0m) and Reaching Hope ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $110k (12% of expenses). Other salaries and wages came to $520k. At year end it held assets of $1.1m against liabilities of $27k, net assets of $1.1m. It reported 15 employees.