Caldwell Opportunities Inc

Analysis

Caldwell Opportunities Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in February 2001, 25 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, Caldwell Opportunities Inc reported income of $953k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $953k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caldwell Opportunities Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Agape Outreach Home Inc ($953k), Safehouse Crisis Center Inc ($953k) and Woods Adult Day Care Center Inc ($953k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $632k. At year end it held assets of $1.3m against liabilities of $62k, net assets of $1.2m. It reported 27 employees.