Circle Pines Center

Analysis

Circle Pines Center is a registered charity in United States, based in Delton, MI. It received its IRS tax-exemption ruling in December 1977, 49 years ago. 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 September 2023, Circle Pines Center reported income of $598k and spending of $589k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $474k to $598k (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2022, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle Pines Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Cecil Avenue Apartments Inc ($598k), American Water Works Association ($598k) and North Pocono Public Library ($598k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $46k (7.8% of expenses). Other salaries and wages came to $63k. At year end it held assets of $490k against liabilities of $176k, net assets of $314k. It reported 50 employees.