Choices Inc

Analysis

Choices Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Choices Inc reported income of $2.0m and spending of $2.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.4m to $2.0m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2020, when income dropped by 37%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Choices Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AK. Charities of a similar size with the same main cause include Affinity ($2.0m), Autismup Inc ($2.1m) and Naaman Center ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $124k (6.1% of expenses). Other salaries and wages came to $975k. At year end it held assets of $394k against liabilities of $103k, net assets of $291k. It reported 18 employees.