My Choice Programs Inc

Analysis

My Choice Programs Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in February 1976, 50 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, My Choice Programs Inc reported income of $2.3m and spending of $2.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Choice Programs Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Coles County Council on Aging ($2.3m), Options for Independent Living Inc ($2.3m) and Restoring Hope Center Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $221k (8.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $669k against liabilities of $162k, net assets of $507k. It reported 63 employees.