Life Choice Inc

Analysis

Life Choice Inc is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in May 1986, 40 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 Inc reported income of $98k and spending of $94k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $98k (+1.2%), an average of +1.2% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Choice Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within WV. Charities of a similar size with the same main cause include The Kent Island Heritage Society Inc ($98k), Ptsa Connecticut Inc ($98k) and Womens Pregnancy Center of Matagorda County Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $31k against liabilities of $2,101, net assets of $29k.