Ninth District Opportunity Inc

Analysis

Ninth District Opportunity Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Ninth District Opportunity Inc reported income of $58.5m and spending of $56.7m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $38.7m to $58.5m (+51%), an average of +11% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ninth District Opportunity Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Community Foundation of the Ozarks Inc ($58.3m), United Way Miami Inc ($58.7m) and Joyful Noise Charitable Foundation ($58.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $936k (1.6% of expenses). Other salaries and wages came to $17.6m. At year end it held assets of $21.3m against liabilities of $8.9m, net assets of $12.4m. It reported 673 employees.