Earth Circle Foundation Inc

Analysis

Earth Circle Foundation Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Earth Circle Foundation Inc reported income of $295k and spending of $458k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $473k to $295k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Earth Circle Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NM. Charities of a similar size with the same main cause include Ignite Sports Inc ($295k), Big Brothers-Big Sisters of Beaver County ($295k) and Burkburnett Blacksox Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $83k (18% of expenses). Other salaries and wages came to $108k. At year end it held assets of $2.0m against liabilities of $120k, net assets of $1.9m. It reported 27 employees.