Opportunities Industrialization

Analysis

Opportunities Industrialization is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Opportunities Industrialization reported income of $777k and spending of $807k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $777k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Opportunities Industrialization sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 51st percentile within DC. Charities of a similar size with the same main cause include Los Angeles Area Chamber of Commerce Foundation ($777k), Aishel Rashbi ($778k) and Cyclical Incorporated ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (17% of expenses). Other salaries and wages came to $274k. At year end it held assets of $37k against liabilities of $143k, net assets of -$106k. It reported 10 employees.