Opportunities Inc
Analysis
Opportunities Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Opportunities Inc reported income of $13.4m and spending of $12.7m, spending 95% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $9.4m to $13.4m (+43%), an average of +9.3% a year. The sharpest change came in the year to March 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunities Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MT. Charities of a similar size with the same main cause include Hospice of Washington County Inc ($13.4m), Kidron Bethel Retirement Services Inc ($13.4m) and Rocket Giving Fund ($13.3m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $196k (1.5% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $6.3m against liabilities of $2.2m, net assets of $4.2m. It reported 234 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hospice of Washington County Inc | Hagerstown | $13.4m |
| Kidron Bethel Retirement Services Inc | North Newton | $13.4m |
| Rocket Giving Fund | Detroit | $13.3m |
| Amarillo Multiservice Center for the Aging Inc | Amarillo | $13.4m |