Circle of Blue Inc

Analysis

Circle of Blue Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Circle of Blue Inc reported income of $289k and spending of $269k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $289k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 113%. Over the whole period it spent 123% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Circle of Blue Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Carlsbad Mainstreet Project Inc ($289k), Yellow Dog Community and Conservation Foundation ($289k) and North Carolina Urban Forest Council ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $398k, net assets of -$338k.