Circle Foundation Inc

Analysis

Circle Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1992, 34 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, Circle Foundation Inc reported income of $349k and spending of $255k, leaving 27% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $644k to $349k (-46%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 316%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circle Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($349k), Community Workshop Residentials Inc E an Il NFP Corp ($349k) and Muralism ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. Other salaries and wages came to $142k. At year end it held assets of $978k against liabilities of $2.5m, net assets of -$1.5m. It reported 5 employees.