First Option Care Inc

Analysis

First Option Care Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in January 2006, 20 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 December 2023, First Option Care Inc reported income of $359k and spending of $314k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $359k (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Option Care Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Fort Smith Christian Family Services Inc ($358k), Masters Touch of Sneads Ferry II Inc ($359k) and South Corvallis Food Bank ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $53k (17% of expenses). Other salaries and wages came to $95k. At year end it held assets of $714k against liabilities of $338k, net assets of $376k. It reported 15 employees.