Life Choice Care Center Inc

Analysis

Life Choice Care Center Inc is a registered charity in United States, based in Inverness, FL. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Care Center Inc reported income of $319k and spending of $297k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $319k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Choice Care Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Food for the Hungry ($319k), View of Heaven Farm ($319k) and Foundation Restoration Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). Other salaries and wages came to $108k. At year end it held assets of $441k against liabilities of $1,466, net assets of $439k. It reported 6 employees.