Healing Broken Circles Inc

Analysis

Healing Broken Circles Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Healing Broken Circles Inc reported income of $267k and spending of $190k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $267k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Broken Circles Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Childrens Bridge of Zichron Menachem Inc ($267k), Macedonia Family Resource Center Inc ($267k) and US Fund for Daisy ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Other salaries and wages came to $172k. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 2 employees.