Circle Inc

Analysis

Circle Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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 June 2024, Circle Inc reported income of $493k and spending of $497k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $545k to $493k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Philadelphia Senior Center ($493k), John a Logan College Foundation ($493k) and League of Women Voters of Minnesota Education Fund Inc ($492k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $265k. At year end it held assets of $845k against liabilities of $51k, net assets of $795k. It reported 14 employees.