Sarahs Circle

Analysis

Sarahs Circle is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Sarahs Circle reported income of $10.2m and spending of $5.1m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $12.8m to $10.2m (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sarahs Circle sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Neighborhood Housing Services of New York City Inc ($10.2m), Habitat for Humanity International Inc ($10.2m) and Choanoke Area Development Assoc ($10.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $252k (5.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $57.6m against liabilities of $8.2m, net assets of $49.4m. It reported 60 employees.