Options Program

Analysis

Options Program is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. 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 August 2023, Options Program reported income of $64k and spending of $78k, spending 122% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $49k to $64k (+30%), an average of +30% a year. The sharpest change came in the year to August 2023, when income rose by 30%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Options Program sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Old State House Museum Associates ($64k), Oklahoma Home and Community Education Inc ($64k) and Ethnic Arts Council of Los Angeles ($64k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.