Creative Options Inc

Analysis

Creative Options Inc is a registered charity in United States, based in Rosedale, MD. It received its IRS tax-exemption ruling in September 1994, 32 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, Creative Options Inc reported income of $24.6m and spending of $18.7m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.1m to $24.6m (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative Options Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Southeast Missouri Food Bank ($24.6m), Lenox Hill Neighborhood House Inc ($24.6m) and Living Opportunities of Depaul Inc ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $613k (3.3% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $22.1m against liabilities of $11.3m, net assets of $10.8m. It reported 357 employees.