The Charis Circle Inc

Analysis

The Charis Circle Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Charis Circle Inc reported income of $138k and spending of $179k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $138k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Charis Circle Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include South Fremont Senior Citizens Inc ($138k), Community Partnership of Elbert County ($138k) and Los Amigos Baseball Association of Santa Monica ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (42% of expenses). Other salaries and wages came to $10k. At year end it held assets of $147k against liabilities of $0, net assets of $147k. It reported 2 employees.