Choice Network Inc

Analysis

Choice Network Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2023, Choice Network Inc reported income of $861k and spending of $743k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $861k (+168%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Choice Network Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Boysville Foundation ($861k), Relief After Violent Encounter Ionia Montcalm Inc ($861k) and Pine Lake Fund ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $140k (19% of expenses). Other salaries and wages came to $234k. At year end it held assets of $129k against liabilities of $57k, net assets of $72k. It reported 6 employees.