Circle of Veterans and Families Inc

Analysis

Circle of Veterans and Families Inc is a registered charity in United States, based in Saint Petersburg, FL. 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 (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 2023, Circle of Veterans and Families Inc reported income of $72k and spending of $72k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $72k (-11%), an average of -11% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle of Veterans and Families Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Community Hospital Foundation ($72k), Suzuki Talent Education of Appalachia ($72k) and Lake Washington Improvement Association Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.