Opportunity Village Association for Retarded Citizens

Analysis

Opportunity Village Association for Retarded Citizens is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 1957, 69 years ago. Its declared purposes cover employment, 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 June 2023, Opportunity Village Association for Retarded Citizens reported income of $31.0m and spending of $33.5m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.3m to $31.0m (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Opportunity Village Association for Retarded Citizens sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NV. Charities of a similar size with the same main cause include Tri-Valley Opportunity Council Inc ($30.7m), Goodwill Industries of Tulsa Inc ($31.2m) and Spanish-Speaking Unity Council of Alameda County Inc ($30.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.3m (3.9% of expenses). Other salaries and wages came to $17.3m. It paid $31k in professional fundraising fees. At year end it held assets of $64.2m against liabilities of $5.3m, net assets of $59.0m. It reported 765 employees.