Opportunities for Deserving Individuals

Analysis

Opportunities for Deserving Individuals is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 for Deserving Individuals reported income of $679k and spending of $707k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $525k to $679k (+29%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunities for Deserving Individuals sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Intelligent Transportation Society of California ($679k), Lycoming County Fair Association ($679k) and Catalina Island Medical Center Foundation Inc ($679k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $436k. At year end it held assets of $79k against liabilities of $178k, net assets of -$100k. It reported 58 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.