Cyclical Incorporated

Analysis

Cyclical Incorporated is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Cyclical Incorporated reported income of $777k and spending of $691k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $777k (+105%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cyclical Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include United Way of Rockingham County Inc ($776k), Los Angeles Area Chamber of Commerce Foundation ($777k) and Project Pericles Inc ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $247k. At year end it held assets of $319k against liabilities of $3,184, net assets of $315k. It reported 6 employees.