Opportunity South Carolina

Analysis

Opportunity South Carolina is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 2020, 6 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 South Carolina reported income of $7.3m and spending of $14.8m, spending 203% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $203k to $7.3m (+3491%), an average of +3491% a year. The sharpest change came in the year to December 2023, when income rose by 3491%. Over the whole period it spent 206% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity South Carolina sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Veterans of Foreign Wars Foundation ($7.3m), Tri-Ko Inc ($7.3m) and Washington Greene County Job Training Agency Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $700k. At year end it held assets of $95.0m against liabilities of $102.9m, net assets of -$7.9m.