Choice House Inc

Analysis

Choice House Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in November 2023, 3 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, Choice House Inc reported income of $671k and spending of $712k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $736k to $671k (-8.8%), an average of -8.8% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Choice House Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Childrens Home of Reading ($671k), North Berrien Senior Center Inc ($671k) and Ok to Share Ministry Inc ($671k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $318k. At year end it held assets of $206k against liabilities of $220k, net assets of -$14k.