3rd Circle Inc

Analysis

3rd Circle Inc is a registered charity in United States, based in Clarkston, MI. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, 3rd Circle Inc reported income of $3.9m and spending of $3.8m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.9m to $3.9m (+100%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 3rd Circle Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Luv Michael Homes Inc ($3.8m), Georgia Center for Oncology Research and Education Inc ($3.9m) and Biocon Inc ($3.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $894k against liabilities of $44k, net assets of $850k. It reported 137 employees.