B E S T Opportunities Inc
Analysis
B E S T Opportunities Inc is a registered charity in United States, based in Apple Valley, CA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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, B E S T Opportunities Inc reported income of $6.4m and spending of $6.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $6.4m (+25%), an average of +5.8% a year. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, B E S T Opportunities Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Northwest Arkansas Economic Development District Inc ($6.4m), Utility Reform Network ($6.4m) and Hispanic Information & Telecommunications Network Inc ($6.4m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $134k (2.1% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.4m against liabilities of $351k, net assets of $6.0m. It reported 166 employees.
Income and spending
Where the income comes from
- Program services 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northwest Arkansas Economic Development District Inc | Harrison | $6.4m |
| Utility Reform Network | Oakland | $6.4m |
| Hispanic Information & Telecommunications Network Inc | Brooklyn | $6.4m |
| Community Child Care Center of Delray Beach Inc | Delray Beach | $6.4m |