Circulo Real Property Holding Corporation

Analysis

Circulo Real Property Holding Corporation is a registered charity in United States, based in Long Beach, NY. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Circulo Real Property Holding Corporation reported income of $1.3m and spending of $1.5m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $1.3m (+321%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 200%. Over the whole period it spent 128% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Circulo Real Property Holding Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Citizens Alliance of America Foundation Inc ($1.3m), Spectrum Works Inc ($1.3m) and Jobworks Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $13.1m against liabilities of $12.9m, net assets of $222k.