Choice Books of Northern Virginia Inc

Analysis

Choice Books of Northern Virginia Inc is a registered charity in United States, based in Bristow, VA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Choice Books of Northern Virginia Inc reported income of $20.3m and spending of $18.9m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.0m to $20.3m (+126%), an average of +23% a year. The sharpest change came in the year to September 2021, when income rose by 129%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Choice Books of Northern Virginia 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 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Insight for Living ($19.9m), Ner L Horeinu Inc ($20.5m) and Shalom Ministries International Inc ($19.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% of the total. Compensation of current officers, directors and key employees was $239k (1.3% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $34.1m against liabilities of $9.1m, net assets of $25.0m. It reported 306 employees.