Opportunity Institute

Analysis

Opportunity Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2015, 11 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 June 2024, Opportunity Institute reported income of $776k and spending of $823k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.7m to $776k (-84%), an average of -30% a year. The sharpest change came in the year to June 2024, when income rose by 98%. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunity Institute sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Rescue Hill Nazarene Compassionate Ministry Center ($776k), Idaho Community Reinvestment Corporation ($776k) and Coffey County Transportation ($776k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $162k (20% of expenses). Other salaries and wages came to $334k. At year end it held assets of $114k against liabilities of $690, net assets of $113k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.