Opportunity Fund is a nonprofit financial institution that advances the economic well-being of working people by helping them earn, save, and invest in the future. Our strategy combines microloans for small businesses, microsavings accounts, and community real estate financing. As one of the nation's leading microfinance providers, Opportunity Fund Community Development began based on the idea that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Since making our first loan in 1995, our team has deployed $600 million into our communities.
Opportunity Fund is a nonprofit financial institution that advances the economic well-being of working people by helping them earn, save, and invest in the future. Our strategy combines microloans for small businesses, microsavings accounts, and community real estate financing. As one of the nation's leading microfinance providers, Opportunity Fund Community Development began based on the idea that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Since making our first loan in 1995, our team has deployed $600 million into our communities.
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name
Amount Spent
% of Program Expenses
Small Business Loan Program
$12,704,874
83.6%
Savings Program
$1,510,986
9.9%
New Market Tax Credits Program
$599,162
3.9%
Ratings History Opportunity Fund Community Development has received 7 consecutive 4-star ratings from Charity Navigator.
Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
