Choice Family Health Care Inc

Analysis

Choice Family Health Care Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 June 2023, Choice Family Health Care Inc reported income of $862k and spending of $837k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $862k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Choice Family Health Care Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NE. Charities of a similar size with the same main cause include Catholic Big Brothers Big Sisters Inc ($862k), Owensville High School District R-11 High School Alumni Associatio ($862k) and Buffalo Youth Hockey Association ($862k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $262k. At year end it held assets of $1.2m against liabilities of $42k, net assets of $1.2m. It reported 11 employees.