Opportunity Alliance Nevada

Analysis

Opportunity Alliance Nevada is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Opportunity Alliance Nevada reported income of $186k and spending of $213k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $822k to $186k (-77%), an average of -39% a year. The sharpest change came in the year to December 2021, when income dropped by 63%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opportunity Alliance Nevada sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include Washington School Parent-Teacher Organization ($186k), Islamic University of Minnesota ($186k) and District Seven High School Rodeo ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $48k. At year end it held assets of $341k against liabilities of $9,775, net assets of $332k. It reported 1 employees.