Thomas Circle Singers

Analysis

Thomas Circle Singers is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 June 2023, Thomas Circle Singers reported income of $176k and spending of $181k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $173k to $176k (+2.2%), an average of +2.2% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomas Circle Singers sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 28th percentile within DC. Charities of a similar size with the same main cause include Deep Sea Valkyries ($176k), Habitat for Humanity International Inc ($176k) and Anna R Waterman Trust U W 001018-01 ($176k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 8.3% of the total. At year end it held assets of $59k against liabilities of $3,211, net assets of $56k.