Ann S Choice Inc

Analysis

Ann S Choice Inc is a registered charity in United States, based in Catonsville, MD. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ann S Choice Inc reported income of $90.6m and spending of $91.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79.6m to $90.6m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ann S Choice Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Maris Grove Inc ($89.4m), Neighborhood Housing Services of the South Shore Inc ($92.5m) and Texas State Affordable Housing Corporation ($88.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $445k (0.5% of expenses). Other salaries and wages came to $30.4m. At year end it held assets of $402.8m against liabilities of $502.2m, net assets of -$99.4m. It reported 1,339 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.