Full Circle Adult Day Center Inc

Analysis

Full Circle Adult Day Center Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Full Circle Adult Day Center Inc reported income of $663k and spending of $643k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $587k to $663k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2020, when income dropped by 42%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Full Circle Adult Day Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Senior Center of Sidney Shelby County ($663k), Divine Love World Charity Inc ($663k) and Nuestras Raices Inc ($663k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $59k (9.1% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.7m against liabilities of $1.3m, net assets of $396k. It reported 16 employees.