Opportunity Project Schools Inc

Analysis

Opportunity Project Schools Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opportunity Project Schools Inc reported income of $7.6m and spending of $7.5m, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $13.7m to $7.6m (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opportunity Project Schools Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KS. Charities of a similar size with the same main cause include Kelley Executive Education Foundation Inc ($7.6m), Brooklyn Waldorf School ($7.6m) and Amani Public Charter School ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 57% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $13.5m against liabilities of $445k, net assets of $13.0m. It reported 179 employees.