Diverse Options Inc

Analysis

Diverse Options Inc is a registered charity in United States, based in Ripon, WI. It received its IRS tax-exemption ruling in December 1965, 61 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 December 2023, Diverse Options Inc reported income of $3.3m and spending of $3.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.3m (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diverse Options Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Delmarva Teen Challenge Inc ($3.3m), Dean McGee Eye Institute Foundation ($3.3m) and Vow for Girls Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 80% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.4m against liabilities of $187k, net assets of $1.2m. It reported 181 employees.