A Golden Opportunity

Analysis

A Golden Opportunity is a registered charity in United States, based in New Caney, TX. It received its IRS tax-exemption ruling in November 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 December 2023, A Golden Opportunity reported income of $83k and spending of $86k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $83k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Golden Opportunity sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Glasgow Scotties Booster ($83k), Ravenna Athletic Booster Club Inc ($83k) and Malloch PTO Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $255k against liabilities of $100k, net assets of $155k.