Option Institute and Fellowship

Analysis

Option Institute and Fellowship is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Option Institute and Fellowship reported income of $1.8m and spending of $2.3m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $1.8m (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Option Institute and Fellowship sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Fundamental Baptist Home Missions Inc ($1.8m), Friendship House of Christian Services ($1.8m) and Riviera Beach Community Outreach Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $258k (11% of expenses). Other salaries and wages came to $910k. At year end it held assets of $2.7m against liabilities of $253k, net assets of $2.5m. It reported 27 employees.