Choice Housing Corp
EIN: 453557555 · Lakewood, NJ · NTEE: L30
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $133K |
| Net Assets | $314K |
Is Choice Housing Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Choice Housing Corp
Choice Housing Corp (EIN: 453557555) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code L30. The organization reported total revenue of $160K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choice Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Choice Housing Corp is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $133K |
| Surplus / Deficit | +$13K |
| Total Assets | $2.1M |
| Total Liabilities | $1.8M |
| Net Assets | $314K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 85.1% |
| Months of Reserves | 190.0 months |
Financial Health Grade: A
In 2023, Choice Housing Corp reported a surplus of $13K with revenue exceeding expenses, holds 190.0 months of operating reserves (strong position), has a debt-to-asset ratio of 85.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Choice Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +9.2% | +1.3% |
| 2022 | +0.0% | -0.4% | +4.9% |
| 2021 | +0.0% | +0.7% | +0.8% |
| 2020 | -5.1% | -9.9% | -0.5% |
| 2019 | +12.8% | -8.2% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Choice Housing Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Choice Housing Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 85.1%.
Frequently Asked Questions about Choice Housing Corp
Is Choice Housing Corp a legitimate charity?
Choice Housing Corp (EIN: 453557555) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: A.
How does Choice Housing Corp spend its money?
Choice Housing Corp reported $160K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Choice Housing Corp tax-deductible?
Choice Housing Corp is registered as a tax-exempt nonprofit (EIN: 453557555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Choice Housing Corp located?
Choice Housing Corp is headquartered in Lakewood, New Jersey and files with the IRS under EIN 453557555. It is classified under NTEE code L30.
How many years of IRS 990 filings does Choice Housing Corp have?
Choice Housing Corp has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $160K in total revenue.
Filing History
IRS 990 filing history for Choice Housing Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Choice Housing Corp's revenue has grown by 172.1%, moving from $54K to $146K. Total assets increased by 962.2% over the same period, from $199K to $2.1M. Total functional expenses rose by 1227.4%, from $10K to $133K. In its most recent filing year (2023), Choice Housing Corp reported a surplus of $13K, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $2.1M in assets (debt-to-asset ratio: 85.1%), resulting in net assets of $314K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $133K | $2.1M | $1.8M | — | — |
| 2022 | $146K | $122K | $2.1M | $1.8M | — | View 990 |
| 2021 | $146K | $123K | $2.0M | $1.7M | — | View 990 |
| 2020 | $146K | $122K | $2.0M | $1.7M | — | View 990 |
| 2019 | $154K | $135K | $2.0M | $1.8M | — | View 990 |
| 2018 | $137K | $147K | $2.0M | $1.8M | — | View 990 |
| 2017 | $102K | $102K | $2.0M | $1.8M | — | View 990 |
| 2016 | $67K | $80K | $1.5M | $1.3M | — | View 990 |
| 2015 | $74K | $63K | $970K | $735K | — | View 990 |
| 2014 | $49K | $35K | $925K | $702K | — | View 990 |
| 2013 | $195K | $29K | $792K | $583K | — | View 990 |
| 2012 | $54K | $10K | $199K | $155K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $133K, and assets of $2.1M (revenue +0.0% year-over-year).
- 2022: Revenue of $146K, expenses of $122K, and assets of $2.1M (revenue +0.0% year-over-year).
- 2021: Revenue of $146K, expenses of $123K, and assets of $2.0M (revenue +0.0% year-over-year).
- 2020: Revenue of $146K, expenses of $122K, and assets of $2.0M (revenue -5.1% year-over-year).
- 2019: Revenue of $154K, expenses of $135K, and assets of $2.0M (revenue +12.8% year-over-year).
- 2018: Revenue of $137K, expenses of $147K, and assets of $2.0M (revenue +34.4% year-over-year).
- 2017: Revenue of $102K, expenses of $102K, and assets of $2.0M (revenue +50.6% year-over-year).
- 2016: Revenue of $67K, expenses of $80K, and assets of $1.5M (revenue -8.4% year-over-year).
- 2015: Revenue of $74K, expenses of $63K, and assets of $970K (revenue +49.1% year-over-year).
- 2014: Revenue of $49K, expenses of $35K, and assets of $925K (revenue -74.7% year-over-year).
- 2013: Revenue of $195K, expenses of $29K, and assets of $792K (revenue +262.8% year-over-year).
- 2012: Revenue of $54K, expenses of $10K, and assets of $199K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Choice Housing Corp:
Data Sources and Methodology
This transparency report for Choice Housing Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.