Opportunities Unlimited Incorporated
Analysis
Opportunities Unlimited Incorporated is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in February 1975, 51 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 June 2023, Opportunities Unlimited Incorporated reported income of $5.2m and spending of $5.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.2m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 65%. 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 Unlimited Incorporated sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Carenet Inc ($5.2m), Northwest Michigan Works Inc ($5.2m) and Ignite Presque Isle ($5.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 87% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $3.0m against liabilities of $1.0m, net assets of $2.0m. It reported 275 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.4%
- Program services 87%
- Other 8.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carenet Inc | Winston Salem | $5.2m |
| Northwest Michigan Works Inc | Traverse City | $5.2m |
| Ignite Presque Isle | Presque Isle | $5.2m |
| Stationary Engineers & Participating Employers Pre Appren | San Francisco | $5.3m |