Educational Opportunities Inc

Analysis

Educational Opportunities Inc is a registered charity in United States, based in Mulberry, FL. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Educational Opportunities Inc reported income of $2.9m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.9m (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 494%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Educational Opportunities Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Believers Faith Outreach Ministries South Florida Inc ($2.9m), Lions Roar Foundation ($2.9m) and Annette Capps Ministries Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $24k (0.8% of expenses). Other salaries and wages came to $301k. At year end it held assets of $9.4m against liabilities of $1.7m, net assets of $7.7m. It reported 6 employees.