Opportunity Agenda Inc

Analysis

Opportunity Agenda Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Agenda Inc reported income of $8.5m and spending of $6.7m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $4.0m to $8.5m (+114%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Opportunity Agenda Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Common Justice ($8.5m), Chicago Academy of Sciences ($8.6m) and Midwestern Higher Education Commission ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $510k (7.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $11.9m against liabilities of $2.5m, net assets of $9.4m. It reported 31 employees.