Circassion Benevolent Association

Analysis

Circassion Benevolent Association is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in October 1965, 61 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Circassion Benevolent Association reported income of $379k and spending of $221k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $256k to $379k (+48%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 47%. 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, Circassion Benevolent Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Visiting Neighbors Inc ($379k), Aid Inc ($379k) and Wyomissing Public Library ($379k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 76% and program service revenue 9.2% of the total. Other salaries and wages came to $8,727. At year end it held assets of $2.7m against liabilities of $347k, net assets of $2.4m.