Viable Options in Community

Analysis

Viable Options in Community is a registered charity in United States, based in Corsicana, TX. It received its IRS tax-exemption ruling in November 1993, 33 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 August 2023, Viable Options in Community reported income of $3.6m and spending of $3.6m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.4m to $3.6m (+6.3%), an average of +1.5% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Viable Options in Community sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Beverly Childrens Learning Cent Inc ($3.6m), Interseminarian-Project Place Inc ($3.6m) and Harmony at Home ($3.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $221k (6.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.4m against liabilities of $551k, net assets of $830k. It reported 61 employees.