Options in Education Inc
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
Where the income comes from
- Contributions & grants 15%
- Other 85%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Goose Creek Cisd Education Foundation | Baytown | $240k |
| Ontonagon Area Scholarship Foundation | Ontonagon | $240k |
| Tag PTA Inc | New York | $240k |
| East Forsyth High School Broncos Football Inc | Gainesville | $240k |