Great Circle

Analysis

Great Circle is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in February 1950, 76 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Great Circle reported income of $59.4m and spending of $67.6m, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $83.8m to $59.4m (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Circle sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include Young Mens Christian Association of Central Texas ($59.3m), Family Health Center of Worcester Inc ($59.5m) and Adventhealth Ransom Memorial Inc ($59.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.4m (3.6% of expenses). Other salaries and wages came to $31.5m. At year end it held assets of $55.9m against liabilities of $9.9m, net assets of $46.0m. It reported 1,185 employees.