Option House Inc

Analysis

Option House Inc is a registered charity in United States, based in San Bernardino, CA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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, Option House Inc reported income of $1.4m and spending of $1.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $983k to $1.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Option House Inc 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 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Christus St Michael Foundation ($1.4m), Woody Williams Foundation ($1.4m) and St Paul Youth Services Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $72k (5.0% of expenses). Other salaries and wages came to $704k. At year end it held assets of $801k against liabilities of $784k, net assets of $16k. It reported 27 employees.