Full Circle Fund

Analysis

Full Circle Fund is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Full Circle Fund reported income of $232k and spending of $227k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $232k (-92%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Full Circle Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Agnes Smith McDowell TR ($232k), Two Roads Foundation ($232k) and Get Together Foundation ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $55k (24% of expenses). Other salaries and wages came to $74k. At year end it held assets of $250k against liabilities of $10k, net assets of $239k. It reported 3 employees.