My Chosen Ones Inc

Analysis

My Chosen Ones Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 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 (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 Chosen Ones Inc reported income of $466k and spending of $452k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $466k (+112%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 76%. 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, My Chosen Ones Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Farm Ministries Inc ($466k), Seeds of Faith Inc ($467k) and Jack Trottier Foundation Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (8.1% of expenses). Other salaries and wages came to $100k. At year end it held assets of $147k against liabilities of $4,683, net assets of $142k. It reported 8 employees.