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Options in Education Inc

RegisteredEIN 22-3385616West Tisbury, MAEducation and training
Income$240k2023-12
Spending$220ksame year
Spent / received69%6-year average
Size in its cause57th pctEducation and training
Exempt since1995Publicly supported organisat
Employees0latest return

Analysis

Options in Education Inc is a registered charity in United States, based in West Tisbury, MA. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Options in Education Inc reported income of $240k and spending of $220k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $304k to $240k (-21%), an average of -4.6% a year. The sharpest change came in the year to December 2019, when income dropped by 21%. Over the whole period it spent 69% 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 Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Goose Creek Cisd Education Foundation ($240k), Ontonagon Area Scholarship Foundation ($240k) and Tag PTA Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $3.0m against liabilities of $378k, net assets of $2.7m.

Income and spending

$0$76k$152k$228k$304k2018 Income: $303,6202018 Spending: $147,93220182019 Income: $239,1962019 Spending: $155,87120192020 Income: $205,2752020 Spending: $147,12420202021 Income: $235,0872021 Spending: $163,24120212022 Income: $222,6702022 Spending: $164,05020222023 Income: $240,0512023 Spending: $219,6892023
IncomeSpending

Where the income comes from

  • Contributions & grants 15%
  • Other 85%

Similar-sized charities, same cause

CharityLocationIncome
Goose Creek Cisd Education FoundationBaytown$240k
Ontonagon Area Scholarship FoundationOntonagon$240k
Tag PTA IncNew York$240k
East Forsyth High School Broncos Football IncGainesville$240k