Charity Search / CHOICELIGHT INC
Community Improvement (S990) 990 on File

CHOICELIGHT INC

EIN: 30-0238064 · SOUTH BEND, IN 46601-1841 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$3.3M
Total Revenue
$2.1M
Total Expenses
$10.6M
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 69.8%
Fundraising Efficiency N/A
Operating Reserve 61.88x
Liability-to-Asset 11.8%
Revenue Diversification 94.4%
Executive Compensation $302K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations (United States, Community Improvement, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
69.8% 85.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
30.2% 11.8%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
61.9 mo 9.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
11.8% 21.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
94.4% 90.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
-45.0% 8.8%
P10P90
Expense growth
Year over year expense growth
-11.3% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
37.1% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.3M $2.1M $10.6M 69.8% 8
2023 $5.9M $2.3M $9.5M 74.7% 6
2022 $2.5M $2.1M $6.1M 73.3% 9
2021 $2.2M $2.0M N/A 8
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Organization Details
EIN
30-0238064
State
IN
City
SOUTH BEND
ZIP
46601-1841
Classification
S990
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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