International Circle of Friends Inc

Analysis

International Circle of Friends Inc is a registered charity in United States, based in Palm Beach, FL. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, International Circle of Friends Inc reported income of $391k and spending of $317k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $391k (+309%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 338%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Circle of Friends Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Harvard Club of New York Foundation ($390k), Bryte Christian Academy ($391k) and Technology Laboratory and Professional Development Center ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $458, net assets of $94k.