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Passes our checks

Economic Opportunities Council of Indian River County Inc

EIN 59-1144567 · Vero Beach, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To partner with all aspects of the community in creating opportunities for low income families to become self-sufficient and own a stake in their communities.

Income
$7.4 million
Spending
$6.9 million
Spent on programs
87%
Reserves
1.2 months of spending
Largest source of income
donations and private grants, 99%
Employees
100
Highest pay
$132,639, executive director

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 65 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.2 months of spending.

  • Debt

    10 of 20

    It owes 33% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 6% of income.

  • Income trend

    15 of 15

    Income rose 23% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (6)
  1. $3.2 million spent. Head Start Program - Head Start is a comprehensive school readiness program which enhances the social, physical, and cognitive development of low-income, at-risk children. The program served 569 students in FY2025.
  2. $1.1 million spent. Early Head Start provides comprehensive early childhood education, health, nutrition, family engagement, and support services to pregnant women, infants, toddlers, and their families to promote healthy development and school readiness. The Program served 52 pregnant women, infant, and toddlers.
  3. $884,804 spent. The Low Income Home Energy Assistance Program (LIHEAP) helps low-income households meet the costs of cooling/ heating their homes. LIHEAP offers 2 programs: Home Energy and Crisis Energy. Home Energy funds are provided once a year and are based on the clients gross income and household size. Crisis funding is available when a client experiences a financial crisis. It helps keep electricity on, or restores it if needed. In the 2024 fiscal year, EOC assisted 755 households with utility assistance.
  4. $309,718 spent. The Voluntary Pre-Kindergarten program provides developmentally appropriate instruction and activities to prepare children for Kindergarten. This program includes 540 instructional hours over the course of the school year and served 185 students
  5. $263,755 spent. The USDA Child Care Food Program provides healthy food to the students in the Head Start program. Over the fiscal year 2025, EOC provided 31,774 Healthy Breakfasts, 31,869 Healthy Lunches, and 28,990 Healthy Snacks.
  6. $189,283 spent. CSBGThe REACH Family Self-Sufficiency Program helps put an end to generational poverty one family at a time. It provides education and vocational training. Clients living at or near the poverty level learn to recognize their barriers to self-sufficiency and how to overcome them. REACH helps clients achieve their educational and vocational goals, earn a living wage, and move away from poverty and public assistance to financial self-sufficiency. In the 2025 Fiscal year, EOC successfully support 45 individuals with rental, utilities, education and other career preparation expenses.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1965.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.