Opportunities Industrialization of Wilson Incorporated

Analysis

Opportunities Industrialization of Wilson Incorporated is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Opportunities Industrialization of Wilson Incorporated reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $928k to $1.1m (+21%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunities Industrialization of Wilson Incorporated sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Equipment & Engine Training Council Inc ($1.1m), Sponsor Inc ($1.1m) and New Community Project ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $515k. At year end it held assets of $414k against liabilities of $359k, net assets of $55k. It reported 17 employees.