Ozark Opportunities Inc

Analysis

Ozark Opportunities Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 February 2024, Ozark Opportunities Inc reported income of $6.9m and spending of $6.3m, spending 90% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $5.1m to $6.9m (+37%), an average of +8.3% a year. The sharpest change came in the year to February 2021, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ozark Opportunities Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Oswego Industries Inc ($6.9m), Operation Able of Greater Boston Inc ($7.0m) and The Toy Foundation Inc ($6.9m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $241k (3.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.8m. It reported 151 employees.