Life Circles

Analysis

Life Circles is a registered charity in United States, based in Norton Shores, MI. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Life Circles reported income of $37.8m and spending of $32.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.8m to $37.8m (+41%), an average of +9.0% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Circles sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Northern Virginia Family Services Inc ($37.8m), Plymouth Place Inc ($37.9m) and The Arc of Northeast Indiana Inc ($37.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $272k (0.8% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $26.7m against liabilities of $5.5m, net assets of $21.2m. It reported 138 employees.