Optimentality

Analysis

Optimentality is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, Optimentality reported income of $902k and spending of $761k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $590k to $902k (+53%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Optimentality sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Good Spoon ($902k), Delaware Helpline Inc ($902k) and Lawrence Extended Day Program Inc ($902k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $618k. At year end it held assets of $161k against liabilities of $0, net assets of $161k. It reported 70 employees.