Choices Inc

Analysis

Choices Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1991, 35 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 (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, Choices Inc reported income of $193k and spending of $219k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $193k (-13%), an average of -3.3% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Choices Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Rebuilding Together Warner Robins Inc ($193k), Ellas House ($193k) and Bucks Villa Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $72k (33% of expenses). Other salaries and wages came to $25k. At year end it held assets of $567k against liabilities of $115k, net assets of $452k. It reported 3 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.