Walton Options for Independent Living Inc

Analysis

Walton Options for Independent Living Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in November 1995, 31 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, Walton Options for Independent Living Inc reported income of $3.1m and spending of $2.7m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.6m to $3.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2021, when income rose by 63%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Walton Options for Independent Living Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Marin Ventures ($3.0m), Gateway Services Inc ($3.1m) and Auburn Day Care Centers Inc ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $105k (3.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $5.8m against liabilities of $588k, net assets of $5.2m. It reported 53 employees.