Life Choices Maternity and Youth Home Inc
Analysis
Life Choices Maternity and Youth Home Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover health care, 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 December 2023, Life Choices Maternity and Youth Home Inc reported income of $69k and spending of $282k, spending 409% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $69k (-94%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 94%. Over the whole period it spent 108% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Choices Maternity and Youth Home Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Healthy Networks Design & Research Inc ($69k), Society for the Study of Psychiatry and Culture ($69k) and Freeman Thomas Manor Inc ($69k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $101k (36% of expenses). Other salaries and wages came to $39k. At year end it held assets of $697k against liabilities of $98k, net assets of $599k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Other 66%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Healthy Networks Design & Research Inc | Williamsburg | $69k |
| Society for the Study of Psychiatry and Culture | Portland | $69k |
| Freeman Thomas Manor Inc | St Matthews | $69k |
| North Beach Medical Equipment | Ocean Shores | $69k |