Options Now

Analysis

Options Now is a registered charity in United States, based in Godfrey, IL. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Options Now reported income of $354k and spending of $410k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $239k to $354k (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Options Now sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Sofias Hope ($354k), Christopher Ministries ($354k) and Helene Foundation ($354k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $209k. At year end it held assets of $343k against liabilities of $199k, net assets of $144k. It reported 14 employees.