Elephant Circle
Analysis
Elephant Circle is a registered charity in United States, based in Palisade, CO. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Elephant Circle reported income of $3.3m and spending of $3.5m, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $326k to $3.3m (+918%), an average of +117% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 78% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Elephant Circle sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include The Reconciliation Center Inc ($3.3m), Male Contraception Initiative ($3.3m) and Legal Aid Society of Rockland County Inc ($3.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $89k (2.6% of expenses). Other salaries and wages came to $879k. At year end it held assets of $1.7m against liabilities of $97k, net assets of $1.6m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Program services 25%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Reconciliation Center Inc | Brooklyn | $3.3m |
| Male Contraception Initiative | Durham | $3.3m |
| Legal Aid Society of Rockland County Inc | New City | $3.3m |
| Bitcoin Legal Defense Fund | New York | $3.3m |