Options in Education Foundation Inc

Analysis

Options in Education Foundation Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in October 2006, 20 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, Options in Education Foundation Inc reported income of $512k and spending of $384k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $512k (-62%), an average of -27% a year. The sharpest change came in the year to June 2022, when income dropped by 62%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Options in Education Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Pope John Paul II Academy ($512k), MC Donell High School Foundation Inc ($512k) and Bridgemark Center for Learning ($512k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $7.2m against liabilities of $3.4m, net assets of $3.8m.