Opportunity School Inc

Analysis

Opportunity School Inc is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in January 1972, 54 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 June 2023, Opportunity School Inc reported income of $3.6m and spending of $3.1m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.6m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opportunity School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Armenian Evangelical Schools of California Inc ($3.6m), Miracle Flights ($3.6m) and Boys & Girls Clubs Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $167k (5.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.1m against liabilities of $160k, net assets of $9.0m. It reported 88 employees.