Opportunities Inc

Analysis

Opportunities Inc is a registered charity in United States, based in Borger, TX. It received its IRS tax-exemption ruling in September 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 December 2023, Opportunities Inc reported income of $124k and spending of $137k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $124k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opportunities Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Topanga Banjo Fiddle Contest and Folk Festival Inc ($124k), New Marlborough Land Trust Inc ($124k) and Choral Society of Pensacola ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. Other salaries and wages came to $73k. At year end it held assets of $301k against liabilities of $1,591, net assets of $299k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.