Opportunities Industrialization Center of Washington

Analysis

Opportunities Industrialization Center of Washington is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in July 1975, 51 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, Opportunities Industrialization Center of Washington reported income of $21.6m and spending of $21.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $21.6m (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opportunities Industrialization Center of Washington sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Hospice of the North Coast ($21.5m), Butterfield Trail Village Incorporated ($21.6m) and Region 3b Area Agency on Aging ($21.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $485k (2.3% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $14.8m against liabilities of $3.7m, net assets of $11.1m. It reported 190 employees.