Life Options Network

Analysis

Life Options Network is a registered charity in United States, based in Kelso, WA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Life Options Network reported income of $126k and spending of $131k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $126k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life Options Network sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Buchanan Housing Inc ($126k), Groton Village Housing Inc ($126k) and Key Homes Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.