Chi Am Circle Inc

Analysis

Chi Am Circle Inc is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in December 1996, 30 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 2023, Chi Am Circle Inc reported income of $102k and spending of $127k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $102k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chi Am 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 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Washougal Schools Foundation ($102k), Southwestern Division of the International Association of Fire ($102k) and Rising Stars Preschool ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 1.9% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.