Smallcircle Inc

Analysis

Smallcircle Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smallcircle Inc reported income of $1.1m and spending of $931k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $163k to $1.1m (+560%), an average of +157% a year. The sharpest change came in the year to December 2022, when income rose by 181%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Smallcircle Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Tuttle Christian Foundation ($1.1m), Greater St John Bible Church ($1.1m) and Promise Keepers ($1.1m).

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 $500k against liabilities of $13k, net assets of $487k.