Community Options Foundation Inc

Analysis

Community Options Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in November 2003, 23 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, Community Options Foundation Inc reported income of $1.6m and spending of $326k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Options Foundation Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Abc Foster Family Agency Inc ($1.6m), Young Womens Christian Association of Metropolitan Detroit ($1.6m) and Dutchess Outreach Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $23.6m against liabilities of $18.6m, net assets of $5.0m.