The Process of Collaboration a Circle of Ten

Analysis

The Process of Collaboration a Circle of Ten is a registered charity in United States, based in Ben Wheeler, TX. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, The Process of Collaboration a Circle of Ten reported income of $55k and spending of $103k, spending 186% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $104k to $55k (-47%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Process of Collaboration a Circle of Ten sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Alabama Recreation and Parks Foundation ($55k), Blue Earth Area School Foundation ($55k) and Greencastle-Antrim Band Boosters ($55k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.3% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $49k (47% of expenses). At year end it held assets of $163k against liabilities of $144k, net assets of $19k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.