Circle of Change

Analysis

Circle of Change is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Circle of Change reported income of $97k and spending of $95k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $97k (+342%), an average of +342% a year. The sharpest change came in the year to December 2023, when income rose by 342%. Over the whole period it spent 145% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circle of Change sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include North Dakota National Guard Foundation ($97k), Friends Helping Friends Club Inc ($97k) and Indus Vet Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $467, net assets of $27k.