Options for Youth

Analysis

Options for Youth is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Options for Youth reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $575k to $1.0m (+77%), an average of +12% a year. The sharpest change came in the year to June 2019, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Options for Youth sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Top of Texas Charitable Organization Inc ($1.0m), Eppson Center for Seniors Inc ($1.0m) and Institute for Family-Centered Care Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $625k. At year end it held assets of $367k against liabilities of $222k, net assets of $145k. It reported 18 employees.