Williamson Burnet County Opportunities Inc

Analysis

Williamson Burnet County Opportunities Inc is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in June 1966, 60 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 November 2023, Williamson Burnet County Opportunities Inc reported income of $15.9m and spending of $16.0m, spending 101% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $12.7m to $15.9m (+25%), an average of +5.8% a year. The sharpest change came in the year to November 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Williamson Burnet County Opportunities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Oparc ($15.9m), Uplift Northwest ($15.9m) and Place of Hope Inc ($15.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $315k (2.0% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $12.3m against liabilities of $3.2m, net assets of $9.1m. It reported 235 employees.