Opportunity Wichita Inc

Analysis

Opportunity Wichita Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Opportunity Wichita Inc reported income of $233k and spending of $277k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $834k to $233k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Wichita Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within KS. Charities of a similar size with the same main cause include Workers Dignity Project ($233k), Abilene Back the Badge Foundation ($233k) and Prime Community Housing and Development ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $18k in professional fundraising fees. At year end it held assets of $106k against liabilities of $21k, net assets of $85k.