Charity Circle of Murfreesboro

Analysis

Charity Circle of Murfreesboro is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in December 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, Charity Circle of Murfreesboro reported income of $666k and spending of $665k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $666k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charity Circle of Murfreesboro sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Federation of Zoroastrian Association of North America ($666k), Volunteers of America Inc ($666k) and Eangus We Care for America Foundation Inc ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $653k against liabilities of $12k, net assets of $641k.