Life Choice Ministries Inc

Analysis

Life Choice Ministries Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in September 1988, 38 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 December 2023, Life Choice Ministries Inc reported income of $351k and spending of $340k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $351k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Choice Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KS. Charities of a similar size with the same main cause include Society of Saint Stephen ($351k), Southwest Housing Development Corp ($351k) and Joint Service Special Operations Fund Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 0.1% of the total. Other salaries and wages came to $135k. At year end it held assets of $416k against liabilities of $5,087, net assets of $411k. It reported 8 employees.