Circle of Life Treatment Center a NJ Nonprofit Corp

Analysis

Circle of Life Treatment Center a NJ Nonprofit Corp is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, Circle of Life Treatment Center a NJ Nonprofit Corp reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $437k to $1.1m (+142%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circle of Life Treatment Center a NJ Nonprofit Corp sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include National Veteran Owned Business Association ($1.1m), Community-Based Developmental Services Incorporated ($1.1m) and Tri-State Exhibition Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (9.0% of expenses). At year end it held assets of $191k against liabilities of $113k, net assets of $78k. It reported 9 employees.