Opportunity Enterprises Inc

Analysis

Opportunity Enterprises Inc is a registered charity in United States, based in Carrollton, MO. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 Enterprises Inc reported income of $447k and spending of $387k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $400k to $447k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opportunity Enterprises Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Centro Del Pueblo Inc ($447k), Cancer Support Foundation ($448k) and Lynn Canal Broadcasting ($447k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 43% of the total. Other salaries and wages came to $186k. At year end it held assets of $434k against liabilities of $104k, net assets of $331k. It reported 23 employees.