Blue Ridge Opportunity Commission Inc

Analysis

Blue Ridge Opportunity Commission Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in March 1966, 60 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 2024, Blue Ridge Opportunity Commission Inc reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.5m to $4.2m (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Ridge Opportunity Commission Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Childrens Harbor Inc ($4.2m), Beloved Community Services Corporation ($4.2m) and Unlimited Play Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $51k (1.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.0m against liabilities of $2.0m, net assets of $0. It reported 92 employees.