My Choice Foundation

Analysis

My Choice Foundation is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, My Choice Foundation reported income of $3.0m and spending of $2.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.0m (+18%), an average of +4.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Choice Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Randolph County Senior Adults Association Inc ($3.0m), Alternative Living Inc ($3.0m) and Church and Community Ministries of the Shelby Baptist Association Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $331k (11% of expenses). Other salaries and wages came to $958k. At year end it held assets of $19.0m against liabilities of $17.9m, net assets of $1.1m. It reported 22 employees.