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Diversified Opportunities Inc

RegisteredEIN 56-1251293Wilson, NCPoverty relief
Income$1.8m2024-06
Spending$1.3msame year
Spent / received77%5-year average
Size in its cause82nd pctPoverty relief
Exempt since1980Publicly supported organisat
Employees36latest return

Analysis

Diversified Opportunities Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Diversified Opportunities Inc reported income of $1.8m and spending of $1.3m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $1.8m (+0.9%), an average of +0.2% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diversified Opportunities Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Ohio County & Independent Agricultural Societies ($1.8m), Philadelphia Little Flyers ($1.8m) and Sisters Rising Worldwide ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.2% and program service revenue 82% of the total. Other salaries and wages came to $715k. At year end it held assets of $7.9m against liabilities of $181k, net assets of $7.7m. It reported 36 employees.

Income and spending

$0$489k$978k$1.5m$2.0m2020 Income: $1,807,4622020 Spending: $1,433,09720202021 Income: $1,956,5392021 Spending: $1,408,72120212022 Income: $1,791,7732022 Spending: $1,405,92920222023 Income: $1,655,3752023 Spending: $1,358,27320232024 Income: $1,823,5922024 Spending: $1,335,5102024
IncomeSpending

Where the income comes from

  • Contributions & grants 4.2%
  • Program services 82%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Ohio County & Independent Agricultural SocietiesMount Gilead$1.8m
Philadelphia Little FlyersAston$1.8m
Sisters Rising WorldwideSaint Paul$1.8m
Furnish HopeBend$1.8m