The Opus Foundation

Analysis

The Opus Foundation is a registered charity in United States, based in Spanish Fork, UT. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Opus Foundation reported income of $105k and spending of $81k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $105k (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Opus Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within UT. Charities of a similar size with the same main cause include True Joy Community Program ($105k), Timber Creek Charities ($105k) and Lebanon Gleaners Inc ($105k).

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 $134k against liabilities of $0, net assets of $134k.