Options Center for Independent Living Inc

Analysis

Options Center for Independent Living Inc is a registered charity in United States, based in Bourbonnais, IL. It received its IRS tax-exemption ruling in August 1991, 35 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 2024, Options Center for Independent Living Inc reported income of $797k and spending of $768k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $602k to $797k (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Options Center for Independent Living Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Super-Kids Day Care Center Inc ($797k), Celebration Childrens Center of Canastota Inc ($797k) and Prep Center Pre-School Recreaional Educational Program Inc ($796k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $75k (9.8% of expenses). Other salaries and wages came to $323k. At year end it held assets of $842k against liabilities of $223k, net assets of $619k. It reported 10 employees.