Options for Living Inc
Analysis
Options for Living Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in July 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 2024, Options for Living Inc reported income of $70k and spending of $102k, spending 146% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $68k to $70k (+3.9%), an average of +3.9% a year. Over the whole period it spent 137% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Options for Living Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include QRS Inc ($70k), Lake Placid Forum for the Arts and Humanities Inc ($70k) and Firefighter Ministries Inc ($70k).
On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $122k against liabilities of $116k, net assets of $6,510.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| QRS Inc | Aiken | $70k |
| Lake Placid Forum for the Arts and Humanities Inc | Lake Placid | $70k |
| Firefighter Ministries Inc | Friendswood | $70k |
| Virginia Association of Centers for Independent Living | Roanoke | $70k |