Options-Interstate Resource Center for Independent Living

Analysis

Options-Interstate Resource Center for Independent Living is a registered charity in United States, based in E Grand Forks, MN. It received its IRS tax-exemption ruling in June 1987, 39 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 September 2023, Options-Interstate Resource Center for Independent Living reported income of $1.9m and spending of $1.9m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.9m (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Options-Interstate Resource Center for Independent Living sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Nonviolence Institute ($1.9m), Hermanitas de Los Ancianos Desamparados Inc ($1.9m) and Impact of the Piedmont Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $209k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $171k, net assets of $1.0m. It reported 25 employees.