Opportunity Center for the Homeless

Analysis

Opportunity Center for the Homeless is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Opportunity Center for the Homeless reported income of $11.0m and spending of $8.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $11.0m (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunity Center for the Homeless sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Crossover Community Impact Incorporated ($11.0m), Professional Med Team ($11.0m) and Federal Defender Services of Eastern Tennessee ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 8.4% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $23.1m against liabilities of $13.6m, net assets of $9.5m. It reported 132 employees.