Elderly Opportunity Agency Inc

Analysis

Elderly Opportunity Agency Inc is a registered charity in United States, based in Emmett, ID. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Elderly Opportunity Agency Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+17%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elderly Opportunity Agency Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within ID. Charities of a similar size with the same main cause include St Vinnys Bistro ($1.3m), New Day Services Inc ($1.3m) and Senior Network Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 62% of the total. Other salaries and wages came to $445k. At year end it held assets of $1.8m against liabilities of $2.1m, net assets of -$295k. It reported 42 employees.