Choose Love Inc

Analysis

Choose Love Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2018, 8 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, Choose Love Inc reported income of $15.9m and spending of $13.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $15.9m (+299%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 140%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Choose Love Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Independent Case Management Inc ($15.9m), Communuity Action Inc of Central Texas ($15.9m) and Depaul Services Inc ($15.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $85k. At year end it held assets of $3.9m against liabilities of $105k, net assets of $3.8m. It reported 1 employees.