Circle School
Analysis
Circle School is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Circle School reported income of $536k and spending of $602k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $627k to $536k (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Frederick Douglas Community Development Corp ($536k), Monroe City Sheltered Workshop ($536k) and Sanabil Foundation ($536k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $5,131 (0.9% of expenses). Other salaries and wages came to $281k. At year end it held assets of $3.3m against liabilities of $986k, net assets of $2.3m. It reported 12 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 73%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Frederick Douglas Community Development Corp | Rochester | $536k |
| Monroe City Sheltered Workshop | Monroe City | $536k |
| Sanabil Foundation | Plano | $536k |
| West Hancock County Ambulance Serv Inc | Britt | $536k |