Circulo de Amigas Foundation

Analysis

Circulo de Amigas Foundation is a registered charity in United States, based in Tiburon, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Circulo de Amigas Foundation reported income of $52k and spending of $52k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $52k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circulo de Amigas Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include San Leon Oyster Fest ($52k), Quakertown Cares ($52k) and Inverse Ministries Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.