Futures Through Choices Inc

Analysis

Futures Through Choices Inc is a registered charity in United States, based in Bountiful, UT. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Futures Through Choices Inc reported income of $7.7m and spending of $7.7m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.8m to $7.7m (-1.0%), an average of -0.4% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Futures Through Choices Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Hope-Spectrum Health CC ($7.7m), Village at St Barnabas Inc ($7.7m) and Magnolia Manor of St Simons Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $10.6m against liabilities of $1.3m, net assets of $9.4m. It reported 298 employees.