DEMOGRAPHIC
ADDRESS
200 N DALMONT ST
88240
COUNTY
lea county, NM
ORGANIZATIONAL OVERVIEW & RANKINGS
OPTION INC is a based in HOBBS, NM, focused on Human Services - Multipurpose and Other causes . Established in March 1981, it operates as an independent association and contributions to this organization are tax-deductible .
With total assets of $737,279.00, this ranks 247,807 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 1,342 out of 15,845 organizations in NM (Top 9%).
In lea county, NM, the organization ranks 32 out of 385 nonprofits by assets (Top 8%), while locally in hobbs, it stands at 24 among 262 organizations (Top 8%).
The organization reported annual revenue of $693,561.00, ranking 153,783 nationally (Top 6%) and 928 in NM (Top 6%).
Within its specific NTEE classification (P430 - P: Human Services - Multipurpose and Other), which includes 177 similar organizations, OPTION INC ranks 139 in assets (Top 70%) and 150 in revenue (Top 75%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$693,561.00
FORM 990 REVENUE AMOUNT
$693,561.00
RULING DATE
03/1981
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$737,279.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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