Circle de Luz Inc

Analysis

Circle de Luz Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Circle de Luz Inc reported income of $229k and spending of $239k, spending 104% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $234k to $229k (-2.4%), an average of -2.4% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Circle de Luz Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Peace River Cooperative Charitable Foundation Inc ($229k), Ellen Curry Foundation ($229k) and Generationnation Inc ($229k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $170k. At year end it held assets of $229k against liabilities of $0, net assets of $229k.