Indian Circle for Caring USA Inc

Analysis

Indian Circle for Caring USA Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Indian Circle for Caring USA Inc reported income of $130k and spending of $54k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $221k to $130k (-41%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indian Circle for Caring USA Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Cid Inc ($130k), Raising the Bar Inc ($130k) and Winner Resource Center for Families ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $752k against liabilities of $320, net assets of $752k.