Circle of Friends of Washington DC

Analysis

Circle of Friends of Washington DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2023, 3 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 2022, Circle of Friends of Washington DC reported income of $75k and spending of $56k, leaving 26% of income unspent that year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Circle of Friends of Washington DC sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 15th percentile within DC. Charities of a similar size with the same main cause include Public Higher Education Network of Massachusetts ($75k), Canfield Band Parents Inc ($75k) and Parent Booster USA Inc ($75k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.