Concepts of Independent Choices Inc

Analysis

Concepts of Independent Choices Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2023, 3 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, Concepts of Independent Choices Inc reported income of $23.0m and spending of $16.0m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.5m to $23.0m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Concepts of Independent Choices Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Saint Francis Healthcare Real Estate ($23.0m), Mental Health Association in Tulsa Inc ($23.0m) and Community Home Health Services Inc ($23.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. Other salaries and wages came to $14.1m. At year end it held assets of $11.0m against liabilities of $10.6m, net assets of $336k. It reported 702 employees.