The Opportunity Trust

Analysis

The Opportunity Trust is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in July 2017, 9 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 June 2023, The Opportunity Trust reported income of $14.0m and spending of $12.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $14.0m (+121%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Opportunity Trust 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 95th percentile within MO. Charities of a similar size with the same main cause include The Bismarck State College Foundation ($14.0m), Lake County Public Library ($14.0m) and Village Preparatory School ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $981k (7.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m. It reported 20 employees.