Life Choices Inc

Analysis

Life Choices Inc is a registered charity in United States, based in Kittanning, PA. It received its IRS tax-exemption ruling in July 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, Life Choices Inc reported income of $692k and spending of $692k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $678k to $692k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Choices Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Special Touch Ministry Inc ($692k), Camp Co Tu Bic ($692k) and Old Church Society Inc ($692k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $39k (5.7% of expenses). Other salaries and wages came to $319k. At year end it held assets of $1.0m against liabilities of $400k, net assets of $649k. It reported 28 employees.