Futures and Options Inc

Analysis

Futures and Options Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2000, 26 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 June 2023, Futures and Options Inc reported income of $3.6m and spending of $3.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.6m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Futures and Options Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Beaver County Christian School Association ($3.6m), Magdalen College ($3.6m) and Nashville Public Library Foundation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $163k (5.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.9m against liabilities of $2.3m, net assets of $3.5m. It reported 236 employees.