Opera 4 Kids

Analysis

Opera 4 Kids is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. 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, Opera 4 Kids reported income of $61k and spending of $58k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $61k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opera 4 Kids sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include PTA Kansas Congress of Parents and Teachers ($61k), Islamorada Firefighters Benevolent Association Inc ($61k) and Zno Community Service Fund Inc ($61k).

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 $44k against liabilities of $0, net assets of $44k.