West End Opportunity Partnership

Analysis

West End Opportunity Partnership is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 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, West End Opportunity Partnership reported income of $420k and spending of $364k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $25.6m to $420k (-98%), an average of -98% a year. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 2.1% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West End Opportunity Partnership sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within KY. Charities of a similar size with the same main cause include Summaeverythang Community Center ($420k), Bexley Senior Citizens Housing Corp ($420k) and Junior League of Lake Charles Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% of the total. Compensation of current officers, directors and key employees was $259k (71% of expenses). At year end it held assets of $30.1m against liabilities of $4.5m, net assets of $25.6m.