Optim-All Services Inc

Analysis

Optim-All Services Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Optim-All Services Inc reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $520k to $1.8m (+253%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 176%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Optim-All Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include New Learning Ventures Inc ($1.8m), The Travel Institute ($1.8m) and Folds of Honor Foundation ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $106k (6.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $959k against liabilities of $287k, net assets of $673k. It reported 55 employees.