Blue Ridge Opportunity Services Inc

Analysis

Blue Ridge Opportunity Services Inc is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in March 1992, 34 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, Blue Ridge Opportunity Services Inc reported income of $842k and spending of $800k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $842k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Blue Ridge Opportunity Services Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Nexuspark Community Development Corporation ($841k), Eastern Iowa Community College District Downtown Campus Foundatio ($842k) and Housing Solutions of Greene County Inc ($841k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $92k (12% of expenses). Other salaries and wages came to $392k. At year end it held assets of $636k against liabilities of $420k, net assets of $216k. It reported 12 employees.