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Educational Alternatives

RegisteredEIN 73-1173815Norman, OKHealth and saving lives
Income$284k2023-09
Spending$213ksame year
Spent / received86%3-year average
Size in its cause46th pctHealth and saving lives
Exempt since1984Publicly supported organisat
Employees2latest return

Analysis

Educational Alternatives is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in May 1984, 42 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 September 2023, Educational Alternatives reported income of $284k and spending of $213k, leaving 25% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $174k to $284k (+63%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Educational Alternatives sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include Summit County Clubhouse ($284k), Foundation of the National Lipid Association Inc ($284k) and Self-Healing Research Center ($284k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $122k (57% of expenses). At year end it held assets of $154k against liabilities of $0, net assets of $154k. It reported 2 employees.

Income and spending

$0$71k$142k$213k$284k2021 Income: $173,9572021 Spending: $131,68720212022 Income: $204,7322022 Spending: $224,91720222023 Income: $283,8922023 Spending: $212,5302023
IncomeSpending

Where the income comes from

  • Contributions & grants 18%
  • Program services 82%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Summit County ClubhousePark City$284k
Foundation of the National Lipid Association IncJacksonville$284k
Self-Healing Research CenterSan Francisco$284k
Rare Sisters Batten Foundation IncArvada$284k