Chosen for Life Ministries Inc
Analysis
Chosen for Life Ministries Inc is a registered charity in United States, based in Watkinsville, GA. It received its IRS tax-exemption ruling in August 2012, 14 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, Chosen for Life Ministries Inc reported income of $425k and spending of $412k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $464k to $425k (-8.5%), an average of -2.2% a year. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chosen for Life Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Cares Project Inc ($425k), Tongue River Childs Place ($425k) and Phoenix Emerald Foundation Inc ($425k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $75k (18% of expenses). Other salaries and wages came to $164k. At year end it held assets of $738k against liabilities of $2,115, net assets of $736k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cares Project Inc | Winston Salem | $425k |
| Tongue River Childs Place | Ranchester | $425k |
| Phoenix Emerald Foundation Inc | Phoenix | $425k |
| Musical Theatre Academy of Orange County | Costa Mesa | $425k |