Original Circle of Friends Inc

Analysis

Original Circle of Friends Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Original Circle of Friends Inc reported income of $67k and spending of $71k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $67k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Original Circle of Friends Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Students with Schizophrenia ($67k), Bill and Vieve Gore Endowment Fund ($67k) and The Miami Shores Mayors Community Task Force Inc ($67k).

At year end it held assets of $50k against liabilities of $0, net assets of $50k.