Colquitt Options

Analysis

Colquitt Options is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in June 1999, 27 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 2024, Colquitt Options reported income of $67k and spending of $75k, spending 112% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $65k to $67k (+3.6%), an average of +3.6% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colquitt Options sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Family Ties of Iowa ($67k), Birthline Inc ($67k) and Wilson County Emergency Services Rehab Association Inc ($67k).

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 $175k against liabilities of $11k, net assets of $164k.