Life Choices Inc

Analysis

Life Choices Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in October 1984, 42 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 Choices Inc reported income of $317k and spending of $331k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $317k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Choices Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AR. Charities of a similar size with the same main cause include Havenwood RHF Housing Inc ($317k), Little League Baseball Inc ($317k) and American Marketing Association Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $177k. At year end it held assets of $741k against liabilities of $2,355, net assets of $738k. It reported 9 employees.