The Opportunity Foundation

Analysis

The Opportunity Foundation is a registered charity in United States, based in Holladay, UT. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Opportunity Foundation reported income of $81k and spending of $59k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $81k (+7.0%), an average of +7.0% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Opportunity Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within UT. Charities of a similar size with the same main cause include Corner Shower and Laundry Inc ($81k), A Second Chance Charitable Foundation ($81k) and Townsend Community Center Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 8.6% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.