Vital Options

Analysis

Vital Options is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in March 1985, 41 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 December 2023, Vital Options reported income of $407k and spending of $301k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $407k (+897%), an average of +78% a year. The sharpest change came in the year to December 2021, when income rose by 244%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vital Options sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Rainbow Montessori School ($407k), Hopatcong Ambulance Service Inc ($407k) and Rural Nebraska Healthcare Network ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.