North Platte Opportunity Corporation

Analysis

North Platte Opportunity Corporation is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, North Platte Opportunity Corporation reported income of $5.6m and spending of $5.4m, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $4.0m to $5.6m (+41%), an average of +12% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Platte Opportunity Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include Construction Craft Laborers Training and Apprenticeship Fund ($5.6m), BGV Foundation ($5.6m) and Conncorp LLC ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 3.9% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $1.7m against liabilities of $230k, net assets of $1.5m. It reported 146 employees.