Circle Health Services

Analysis

Circle Health Services is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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 Health Services reported income of $36.3m and spending of $33.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.1m to $36.3m (+200%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle Health Services sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Techsoup Global ($36.2m), California State University Fresno Athletic Corporation ($36.3m) and Patriot Services Group Inc ($36.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $330k (1.0% of expenses). Other salaries and wages came to $19.0m. At year end it held assets of $22.2m against liabilities of $2.8m, net assets of $19.4m. It reported 288 employees.