Options Foundation Inc
Analysis
Options Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Options Foundation Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $614k to $1.1m (+86%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 120% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Options Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Footsteps Counseling Center Inc ($1.1m), Partnership for Ontario County Inc ($1.1m) and Society for Obstetric Anesthesia and Perinatology ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $205k (18% of expenses). Other salaries and wages came to $481k. At year end it held assets of $1.4m against liabilities of $2.1m, net assets of -$661k. It reported 62 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 42%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Footsteps Counseling Center Inc | Chesterfield | $1.1m |
| Partnership for Ontario County Inc | Canandaigua | $1.1m |
| Society for Obstetric Anesthesia and Perinatology | Lexington | $1.1m |
| His Hands Ministries | Cedar Rapids | $1.1m |