Kathys Circle of Friends Inc

Analysis

Kathys Circle of Friends Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in November 2018, 8 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, Kathys Circle of Friends Inc reported income of $150k and spending of $158k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $150k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kathys Circle of Friends Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Serving with Grace Inc ($150k), Angel Works Foundation ($150k) and Skyla Strong ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. At year end it held assets of $4,572 against liabilities of $1,609, net assets of $2,963.