Circusense

Analysis

Circusense is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. 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 July 2023, Circusense reported income of $523k and spending of $478k, spending 91% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $845k to $523k (-38%), an average of -38% a year. The sharpest change came in the year to July 2023, when income dropped by 38%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Circusense sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Reach Out Honduras Inc ($523k), Concho Valley Home for Girls Inc ($523k) and City Quake ($523k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $76k against liabilities of $420k, net assets of -$344k.