Honoring Choices

Analysis

Honoring Choices is a registered charity in United States, based in St Cloud, MN. It received its IRS tax-exemption ruling in December 2015, 11 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, Honoring Choices reported income of $234k and spending of $262k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $233k to $234k (+0.4%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Honoring Choices sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Buttonwood Healthcare Inc ($234k), Chicago Service Office Inc ($234k) and Split Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $71k (27% of expenses). At year end it held assets of $183k against liabilities of $10k, net assets of $173k. It reported 1 employees.