Code & Circuit Inc

Analysis

Code & Circuit Inc is a registered charity in United States, based in Amesbury, MA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Code & Circuit Inc reported income of $177k and spending of $183k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $177k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Code & Circuit Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Kansha Preschool ($177k), Parent Booster USA Inc ($177k) and MHS Band & Color Guard Boosters Assoc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $63k against liabilities of $871, net assets of $62k.