Opportunity Foundation Inc

Analysis

Opportunity Foundation Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Opportunity Foundation Inc reported income of $86k and spending of $52k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2020 to December 2022, income grew from $39k to $86k (+121%), an average of +121% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opportunity Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include Feed My Sheep Christian School Inc ($86k), Cossitt Parent Teacher Council ($86k) and Friends of the Goodnow Library Inc ($86k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.