Full Circle Foundation Inc

Analysis

Full Circle Foundation Inc is a registered charity in United States, based in Grosse Pt PK, MI. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2022, Full Circle Foundation Inc reported income of $337k and spending of $139k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $453k to $337k (-25%), an average of -9.3% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Full Circle Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Lotus Behavioral Health and Rehabilitative Services ($337k), Massachusetts Climate Action Network ($337k) and Kindred Kids Child Advocacy Center ($337k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 23% and program service revenue 34% of the total. Other salaries and wages came to $54k. At year end it held assets of $1.7m against liabilities of $2,174, net assets of $1.7m. It reported 5 employees.