Muhlenberg County Opportunity Center Inc

Analysis

Muhlenberg County Opportunity Center Inc is a registered charity in United States, based in Powderly, KY. It received its IRS tax-exemption ruling in February 1969, 57 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Muhlenberg County Opportunity Center Inc reported income of $1.4m and spending of $1.5m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.4m (+27%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 617%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Muhlenberg County Opportunity Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include High Point Community Pride Association ($1.4m), Impact Inc ($1.4m) and Grow Group ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 75% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $676k against liabilities of $55k, net assets of $621k. It reported 92 employees.