Educational Options Foundation

Analysis

Educational Options Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Educational Options Foundation reported income of $8.8m and spending of $2.8m, leaving 68% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.6m to $8.8m (+90%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Options Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Alliance College-Ready Public Schools Foundation ($8.8m), NDSCS Foundation ($8.8m) and Americas Finest Charter School ($8.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $229k (8.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $37.7m against liabilities of $37k, net assets of $37.7m. It reported 48 employees.