Sisters Circle Inc

Analysis

Sisters Circle Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sisters Circle Inc reported income of $556k and spending of $423k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $879k to $556k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sisters Circle Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Great Accomplishments Academy Inc ($555k), Oscar Cross Boys & Girls Club of Paducah ($556k) and Saint Florian Center Incorporated ($555k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $171k (40% of expenses). Other salaries and wages came to $86k. At year end it held assets of $3.1m against liabilities of $7,268, net assets of $3.1m. It reported 4 employees.