Fair Opportunity Project

Analysis

Fair Opportunity Project is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Fair Opportunity Project reported income of $177k and spending of $246k, spending 139% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $200k to $177k (-12%), an average of -12% a year. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fair Opportunity Project sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Friends of the Ridgecrest Branch Library ($177k), Alumnae Association of Mills College ($177k) and Ncpat Inc ($177k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.