Opportunity Builders Inc

Analysis

Opportunity Builders Inc is a registered charity in United States, based in Millersville, MD. It received its IRS tax-exemption ruling in September 1965, 61 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, Opportunity Builders Inc reported income of $6.5m and spending of $6.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.8m to $6.5m (-17%), an average of -4.5% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Builders Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Kankakee County Community Services Inc ($6.5m), Jobs with Justice Education Fund ($6.5m) and Downtown Cleveland Improvementcorporation ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $340k (5.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $15.2m against liabilities of $4.2m, net assets of $11.0m. It reported 133 employees.