Community Options Inc

Analysis

Community Options Inc is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in April 1973, 53 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 June 2023, Community Options Inc reported income of $8.1m and spending of $8.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $8.1m (+0.6%), an average of +0.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Options Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Caties Closet Inc ($8.1m), Aging and Community Services of South Central Indiana Inc ($8.1m) and Nazareth House of San Diego Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $169k (2.1% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $5.8m against liabilities of $670k, net assets of $5.1m. It reported 229 employees.