American Ceramic Circle Inc

Analysis

American Ceramic Circle Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 1971, 55 years ago. 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 May 2024, American Ceramic Circle Inc reported income of $115k and spending of $123k, spending 107% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income grew from $56k to $115k (+107%), an average of +44% a year. The sharpest change came in the year to May 2023, when income rose by 108%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Ceramic Circle Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Alpha Delta Phi Foundation ($115k), Habitat for Humanity International Inc ($116k) and Masters Dermatologic Association ($115k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 29% and program service revenue 32% of the total. At year end it held assets of $376k against liabilities of $2,789, net assets of $373k.