Georgia Options Inc
Analysis
Georgia Options Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Georgia Options Inc reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.6m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 103% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgia 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 92nd percentile within GA. Charities of a similar size with the same main cause include Honor Flight Inc ($3.6m), Evergreen Childrens Association ($3.6m) and Solvang Friendship House ($3.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $984k against liabilities of $127k, net assets of $857k. It reported 119 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 79%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Honor Flight Inc | Arlington | $3.6m |
| Evergreen Childrens Association | Seattle | $3.6m |
| Solvang Friendship House | Solvang | $3.6m |
| Columbia-Montour Aging Office Inc | Bloomsburg | $3.6m |