Circadium

Analysis

Circadium is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2014, 12 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, Circadium reported income of $368k and spending of $282k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $300k to $368k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Circadium sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Beat the Streets Detroit Inc ($367k), Ps033m Chelsea Prep PTA Inc ($368k) and Wheaton Academy Institute ($367k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $21k (7.6% of expenses). Other salaries and wages came to $94k. At year end it held assets of $291k against liabilities of $237k, net assets of $55k. It reported 16 employees.