Circle of Care for Families and Children of Passaic County Inc

Analysis

Circle of Care for Families and Children of Passaic County Inc is a registered charity in United States, based in Woodland Park, NJ. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Circle of Care for Families and Children of Passaic County Inc reported income of $12.4m and spending of $11.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $12.4m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circle of Care for Families and Children of Passaic County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Tabithas Way ($12.4m), Cross Cultural Family Center ($12.4m) and Modern Maturity Center Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $339k (3.1% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $10.2m against liabilities of $4.3m, net assets of $5.9m. It reported 135 employees.