Lifechoices Inc

Analysis

Lifechoices Inc is a registered charity in United States, based in Saline, MI. It received its IRS tax-exemption ruling in January 2011, 15 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 April 2023, Lifechoices Inc reported income of $1.5m and spending of $1.6m, spending 105% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $968k to $1.5m (+54%), an average of +11% a year. The sharpest change came in the year to April 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifechoices Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Apm Outreach Inc ($1.5m), Womens Money Matters Inc ($1.5m) and Life Challenge of Southeastern Michigan ($1.5m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $203k. At year end it held assets of $4.2m against liabilities of $4.2m, net assets of -$11k.