Opportunity Center Inc

Analysis

Opportunity Center Inc is a registered charity in United States, based in Glendale, WI. It received its IRS tax-exemption ruling in May 2022, 4 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 Center Inc reported income of $187k and spending of $835k, spending 445% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $5.1m to $187k (-96%), an average of -96% a year. The sharpest change came in the year to December 2023, when income dropped by 96%. Over the whole period it spent 29% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Academywomen ($187k), Bcda Inc ($187k) and 4 the Kids ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $133k. It paid $115k in professional fundraising fees. At year end it held assets of $6.1m against liabilities of $2.4m, net assets of $3.7m. It reported 2 employees.