Foundation for Choice

Analysis

Foundation for Choice is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation for Choice reported income of $157k and spending of $247k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $176k to $157k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Choice sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Ewha Womans University Alumnae Association of North America Inc ($157k), Streams in the Wasteland Christian Ministries Inc ($157k) and Adna Booster Club C/O David Davies ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $156k (63% of expenses). At year end it held assets of $68k against liabilities of $0, net assets of $68k. It reported 7 employees.