Choices for Families Inc

Analysis

Choices for Families Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2020, Choices for Families Inc reported income of $2.4m and spending of $2.4m, spending 99% of its income. Across the 2 years on record, from September 2019 to September 2020, income grew from $2.1m to $2.4m (+11%), an average of +11% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Choices for Families Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NM. Charities of a similar size with the same main cause include Grow Ohio Valley Inc ($2.4m), Community Transportation Network Inc ($2.4m) and Family Service Agency ($2.4m).

On its Form 990 for the period ending September 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (2.7% of expenses). Other salaries and wages came to $184k. At year end it held assets of $296k against liabilities of $202k, net assets of $95k. It reported 7 employees.