Opportunity Builders a Not-For- Profit Development Corporation

Analysis

Opportunity Builders a Not-For- Profit Development Corporation is a registered charity in United States, based in Oakdale, CA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Opportunity Builders a Not-For- Profit Development Corporation reported income of $447k and spending of $187k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $865k to $447k (-48%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Opportunity Builders a Not-For- Profit Development Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Parallel Senior Villas Inc ($446k), Out of the Cold Centre County ($447k) and Creative Compassion Inc ($446k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 44% of the total. Other salaries and wages came to $113k. At year end it held assets of $9.6m against liabilities of $3.5m, net assets of $6.1m. It reported 3 employees.