Life Choices Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 183,324 | 211,621 | −28,297 | 2.1 | 44% |
| 2012 | 276,586 | 260,721 | 15,865 | 2.5 | 44% |
| 2013 | 377,254 | 346,512 | 30,742 | 2.9 | 45% |
| 2014 | 382,529 | 355,844 | 26,685 | 5.9 | 55% |
| 2015 | 430,972 | 400,119 | 30,853 | 6.2 | 52% |
| 2016 | 494,666 | 449,040 | 45,626 | 6.5 | 52% |
| 2017 | 806,858 | 622,888 | 183,970 | 8.2 | 45% |
| 2018 | 639,701 | 726,756 | −87,055 | 5.9 | 50% |
| 2019 | 677,911 | 717,592 | −39,681 | 5.3 | 45% |
| 2020 | 771,413 | 620,016 | 151,397 | 10.7 | 56% |
| 2021 | 768,431 | 649,270 | 119,161 | 12.4 | 54% |
| 2022 | 598,149 | 618,482 | −20,333 | 12.6 | 56% |
| 2023 | 691,589 | 692,205 | −616 | 11.3 | 52% |
In its most recent public year (2023), this organization spent $616 more than it brought in. Its reserves stood at about 11.3 months of spending, up from 2.1 in 2011. Staff pay was 52% of spending. $43,451 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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