Consumer Choice Services Inc

Analysis

Consumer Choice Services Inc is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Consumer Choice Services Inc reported income of $188.4m and spending of $186.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $100.0m to $188.4m (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Consumer Choice Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MN. Charities of a similar size with the same main cause include Dallas County Local Workforce Development Board ($186.4m), Health Services for Children with Special Needs Inc ($190.2m) and Edesia Inc ($185.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $157.9m. At year end it held assets of $21.6m against liabilities of $11.4m, net assets of $10.2m. It reported 9,021 employees.