Uchcfc Circle Road Corp

Analysis

Uchcfc Circle Road Corp is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uchcfc Circle Road Corp reported income of $10.2m and spending of $7.9m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.0m to $10.2m (-7.6%), an average of -2.0% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uchcfc Circle Road Corp sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Franklin School of Innovation Inc ($10.2m), Northside Charter High School ($10.2m) and Sarasota Suncoast Academy ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $176.1m against liabilities of $161.3m, net assets of $14.8m.