Seva Circle

Analysis

Seva Circle is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Seva Circle reported income of $190k and spending of $201k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $221k to $190k (-14%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seva Circle sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Carbon County Arts Guild ($190k), League of Women Voters of Maryland Inc ($190k) and Community Thrift Store of Portage County Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.