Community Action Opportunities

Analysis

Community Action Opportunities is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in December 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Action Opportunities reported income of $12.8m and spending of $11.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $12.8m (+42%), an average of +9.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Action Opportunities sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Lakes & Prairies Community Action Partnership Inc ($12.8m), Allied Community Resources Inc ($12.8m) and Eggleston Youth Centers Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $362k (3.1% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $3.3m against liabilities of $927k, net assets of $2.4m. It reported 141 employees.