College Options Foundation Inc

Analysis

College Options Foundation Inc is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, College Options Foundation Inc reported income of $763k and spending of $588k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $763k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Options Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Wei Bo Learning Organization Inc ($763k), Native American Ministries Inc ($763k) and Gan Chabad ($763k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $120k (20% of expenses). Other salaries and wages came to $295k. At year end it held assets of $308k against liabilities of $152k, net assets of $155k. It reported 9 employees.