Cirbn LLC

Analysis

Cirbn LLC is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Cirbn LLC reported income of $2.1m and spending of $2.7m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.1m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cirbn LLC sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Ponce de Leon Inlet Lighthouse Preservation Association Inc ($2.1m), Make-A-Wish Foundation of New Mexico ($2.1m) and Western States Cancer Research Ncorp ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.8m against liabilities of $548k, net assets of $8.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.