Options for Independent Living Inc

Analysis

Options for Independent Living Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in September 1996, 30 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 2023, Options for Independent Living Inc reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, 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 for Independent Living Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include My Choice Programs Inc ($2.3m), Friends of Kids with Cancer Inc ($2.3m) and Coles County Council on Aging ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $4.5m against liabilities of $153k, net assets of $4.3m. It reported 74 employees.