Meadows Center for Opportunity Inc
Analysis
Meadows Center for Opportunity Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in May 1982, 44 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 (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 2024, Meadows Center for Opportunity Inc reported income of $1.4m and spending of $1.6m, spending 119% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.4m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 101% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Meadows Center for Opportunity 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 84th percentile within OK. Charities of a similar size with the same main cause include Stowe Baptist Center ($1.4m), Jack London Improvement District ($1.4m) and North-Missoula Community Development Corporation ($1.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $97k (5.9% of expenses). Other salaries and wages came to $804k. At year end it held assets of $2.5m against liabilities of $93k, net assets of $2.4m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.4%
- Program services 89%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stowe Baptist Center | Columbus | $1.4m |
| Jack London Improvement District | Oakland | $1.4m |
| North-Missoula Community Development Corporation | Missoula | $1.4m |
| Pacific Palms Mobilehome Park Corporation | Santa Ana | $1.4m |