Special Opportunity Center Inc

Analysis

Special Opportunity Center Inc is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in May 1965, 61 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Special Opportunity Center Inc reported income of $130k and spending of $99k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $130k (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Opportunity Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Villagers Homeowners Advocates Inc ($130k), Society for Konas Education & Art ($130k) and Ness County Bank Building Foundation Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.1m against liabilities of $5,246, net assets of $1.1m. It reported 5 employees.