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Choice Regional Health Network

RegisteredEIN 91-1704039Olympia, WAEducation and training
Income$9.0m2023-09
Spending$10.1msame year
Spent / received89%5-year average
Size in its cause93rd pctEducation and training
Exempt since2003Publicly supported organisat
Employees34latest return

Analysis

Choice Regional Health Network is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Choice Regional Health Network reported income of $9.0m and spending of $10.1m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $27.5m to $9.0m (-67%), an average of -24% a year. The sharpest change came in the year to September 2020, when income dropped by 61%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Choice Regional Health Network sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Monarch School of New England ($9.0m), Washington Montessori Association Inc ($9.0m) and Alabama High School Athletic Association ($9.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $85k (0.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $26.0m against liabilities of $826k, net assets of $25.2m. It reported 34 employees.

Income and spending

$0$6.9m$13.7m$20.6m$27.5m2019 Income: $27,495,6012019 Spending: $22,216,67020192020 Income: $10,726,8962020 Spending: $12,105,95720202021 Income: $13,582,7932021 Spending: $9,420,10720212022 Income: $11,830,6202022 Spending: $11,009,67920222023 Income: $9,031,3992023 Spending: $10,143,0592023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 5.6%

Similar-sized charities, same cause

CharityLocationIncome
Monarch School of New EnglandRochester$9.0m
Washington Montessori Association IncNew Preston$9.0m
Alabama High School Athletic AssociationMontgomery$9.0m
Roseville Community Charter SchoolNewark$9.0m