Circle of Nations School Inc
Analysis
Circle of Nations School Inc is a registered charity in United States, based in Wahpeton, ND. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Circle of Nations School Inc reported income of $5.0m and spending of $6.2m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.3m to $5.0m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 109% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Circle of Nations School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within ND. Charities of a similar size with the same main cause include Providence Christian Ministries Inc ($5.0m), Orangeburg Preparatory Schools Inc ($5.0m) and The Franklin Academy ($4.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $169k (2.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $4.6m against liabilities of $1.2m, net assets of $3.5m. It reported 94 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.0%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Providence Christian Ministries Inc | Rogers | $5.0m |
| Orangeburg Preparatory Schools Inc | Orangeburg | $5.0m |
| The Franklin Academy | Bellingham | $4.9m |
| Teachers of English to Speakers of Other Languages Inc | Alexandria | $5.0m |