College Options

Analysis

College Options is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in June 2017, 9 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 2023, College Options reported income of $1.8m and spending of $2.1m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $884k to $1.8m (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 160%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Options 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 86th percentile within CA. Charities of a similar size with the same main cause include Leaven Kids ($1.8m), Buchanan Foundation ($1.8m) and New Creation Christian Academy Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $945k. At year end it held assets of $63k against liabilities of $13k, net assets of $50k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.