Golden Opportunities for Independence

Analysis

Golden Opportunities for Independence is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 December 2023, Golden Opportunities for Independence reported income of $535k and spending of $493k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $535k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Golden Opportunities for Independence sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Beverly Animal Shelter Inc ($535k), Arf ($535k) and DFW Rescue Me Inc ($535k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $92k (19% of expenses). Other salaries and wages came to $198k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 18 employees.