Full Circle Community Center

Analysis

Full Circle Community Center is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in January 2003, 23 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 September 2023, Full Circle Community Center reported income of $218k and spending of $217k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $243k to $218k (-11%), an average of -2.8% a year. The sharpest change came in the year to September 2020, when income dropped by 36%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Full Circle Community Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Abhi Shah Foundation ($218k), Our Daily Bread Dining Room of Mot Inc ($218k) and Guardian Friend Associates Inc ($217k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (30% of expenses). Other salaries and wages came to $71k. At year end it held assets of $46k against liabilities of $59k, net assets of -$13k. It reported 3 employees.