Washington County Opportunities Inc

Analysis

Washington County Opportunities Inc is a registered charity in United States, based in Greenville, MS. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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 August 2023, Washington County Opportunities Inc reported income of $13.2m and spending of $13.7m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.4m to $13.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to August 2022, when income rose by 15%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington County Opportunities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include NDC Housing and Economic Development Corporation ($13.2m), Volunteers of America Inc ($13.2m) and Beulah Community Nursing Home ($13.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $137k (1.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $2.5m against liabilities of $626k, net assets of $1.9m. It reported 273 employees.