Mychoice Resource Center

Analysis

Mychoice Resource Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2021, 5 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, Mychoice Resource Center reported income of $96k and spending of $98k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $96k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mychoice Resource Center sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Peachs Pantry ($96k), Project Grace Foundation Inc ($96k) and Healing Hearts Holistically Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.