Bolder Options

Analysis

Bolder Options is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bolder Options reported income of $1.8m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bolder Options sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include University of Massachusetts Dartmouth Foundation Inc ($1.8m), Sonshine Christian School ($1.8m) and Mitchell Technical Institute Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $144k (8.5% of expenses). Other salaries and wages came to $742k. It paid $26k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $807k, net assets of $985k. It reported 21 employees.