Community Options & Resources

Analysis

Community Options & Resources is a registered charity in United States, based in Sherburn, MN. It received its IRS tax-exemption ruling in April 1973, 53 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Options & Resources reported income of $4.1m and spending of $4.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.1m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Options & Resources sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Valley Light Industries Inc ($4.1m), Sunrise Community of Northeast Florida Inc ($4.1m) and International Needs ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $185k (4.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.1m against liabilities of $235k, net assets of $4.8m. It reported 116 employees.