Living Opportunities Inc
Analysis
Living Opportunities Inc is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in January 1976, 50 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, Living Opportunities Inc reported income of $10.1m and spending of $9.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.2m to $10.1m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 95% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Living Opportunities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Downtown Detroit Partnership Inc ($10.1m), Aspire Inc ($10.1m) and Jamaica Plain Neighborhood Development Corporation ($10.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $243k (2.6% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $8.4m against liabilities of $1.1m, net assets of $7.2m. It reported 264 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 6.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Downtown Detroit Partnership Inc | Detroit | $10.1m |
| Aspire Inc | Aberdeen | $10.1m |
| Jamaica Plain Neighborhood Development Corporation | Jamaica Plain | $10.0m |
| Opportunity Works Inc | Newburyport | $10.1m |