Circle the City

Analysis

Circle the City is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Circle the City reported income of $25.8m and spending of $29.4m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.4m to $25.8m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circle the City sits at the 98th 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 97th percentile within AZ. Charities of a similar size with the same main cause include Village of Germatown Inc ($25.8m), Lifecare Inc ($25.8m) and BPH Holding Co Inc ($25.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $2.0m (6.9% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $17.7m against liabilities of $3.5m, net assets of $14.2m. It reported 268 employees.