Opportunities Industrialization Center Incorporated of Ouachita

Analysis

Opportunities Industrialization Center Incorporated of Ouachita is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in February 1977, 49 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 June 2023, Opportunities Industrialization Center Incorporated of Ouachita reported income of $638k and spending of $638k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $461k to $638k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opportunities Industrialization Center Incorporated of Ouachita sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include United Way of North Idaho Inc ($638k), Southeast Chicago Commission ($638k) and Ear Research Foundation Inc ($638k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $332k. At year end it held assets of $255k against liabilities of $206k, net assets of $49k. It reported 18 employees.