Opening Opportunities

Analysis

Opening Opportunities is a registered charity in United States, based in Seattle, WA. 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, Opening Opportunities reported income of $134k and spending of $768k, spending 574% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $753k to $134k (-82%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opening Opportunities sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Father Ragan Charitable Foundation ($134k), One Another Missions Inc ($134k) and Labor and Employee Relations Association ($134k).

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 $1 against liabilities of $0, net assets of $1.