The Opportunity Tree

Analysis

The Opportunity Tree is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Opportunity Tree reported income of $17.6m and spending of $16.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.3m to $17.6m (+33%), an average of +7.3% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Opportunity Tree sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Human First Inc ($17.6m), Westmoreland Human Opportunities Inc ($17.6m) and Partner Community Capital Inc ($17.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $287k (1.8% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $10.0m against liabilities of $1.9m, net assets of $8.1m. It reported 453 employees.