First Choice Services Inc

Analysis

First Choice Services Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, First Choice Services Inc reported income of $12.8m and spending of $9.6m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $12.8m (+211%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, First Choice Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within WV. Charities of a similar size with the same main cause include Go2 Foundation for Lung Cancer ($12.8m), Methodist Services Inc ($12.8m) and Floyd-Polk Healthcare Foundation Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $8.2m against liabilities of $1.4m, net assets of $6.8m. It reported 212 employees.