Sarahs Circle Inc

Analysis

Sarahs Circle Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Sarahs Circle Inc reported income of $180k and spending of $101k, leaving 44% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income fell from $327k to $180k (-45%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 269%. 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, Sarahs Circle Inc 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 Fred L Baybarz and Carolyn C Baybarz Foundation ($180k), New Seed Found ($180k) and Friends of the Chestnut Hill Library ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $72k. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m. It reported 1 employees.