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Indiana · Nonprofit

BELIEVE CIRCLE CITY HIGH SCHOOL INC

BELIEVE CIRCLE CITY HIGH SCHOOL INC (Indiana) receives grants from 11 organizations whose IRS filings report $8,344,221 to it, the largest being CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ($2,272,570). 7 of them have funded it in more than one year.

Revenue FY2025
$6.3M
Funders on record
11
Grants received
$8.3M
Net assets
$128k
7/11 repeat funderspeak grant-dependency 52%
01What it does

What Believe Circle City High School Inc does

Mission

Believe circle city high school is a public college and career preparatory high school dedicated to the achievement of students in the indianapolis area. Our mission is to develop students into leaders through a community that fosters their agency, autonomy, and acceleration providing a foundation for future independence and success.

As stated on its FY2025 Form 990.

Programs

  1. College and career preparatory educationto prepare high school students for success in college, career, and life by providing a rigorous and supportive academic program focused on leadership, agency, and acceleration.believe circle city high school provides a full-day, tuition-free, public education program serving students in grades 9 - 12. The school operates approximately 188 instructional days per year, offering core academic subjects aligned to indiana academic standards as well as college-level dual credit, advanced placement, and career and technical education (cte) coursework.during the reporting year, believe circle city high school served approximately 315 students. The school maintained a student-centered environment that emphasizes personalized learning, restorative practices, and social-emotional development.

    $5,396,150 spent$83,288 earned by the program
    100% of program spending
  2. Postsecondary and workforce readinessto ensure that every student graduates with a clear postsecondary plan, college enrollment, industry certification, or direct employment through exposure to real-world experiences and professional partnerships. Believe circle city high school partners with local colleges, employers, and community organizations to offer internships, college courses, and mentorship opportunities. Students participate in college visits, mock interviews, resume workshops, and a yearlong college & career seminar course. In the reporting year, 95% of graduating seniors completed an individualized postsecondary plan. More than 75% participated in work-based learning or internship experiences, and students collectively earned over 80% college credits and several industry-recognized credentials.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,396,150.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($1.8M) Expenses 100 ($1.7M) Net assets 100 ($533k)2022 Revenue 163 ($2.9M) Expenses 164 ($2.8M) Net assets 113 ($601k)2023 Revenue 254 ($4.5M) Expenses 263 ($4.5M) Net assets 112 ($595k)2024 Revenue 287 ($5.1M) Expenses 346 ($5.9M) Net assets -39 ($-208610)2025 Revenue 356 ($6.3M) Expenses 348 ($5.9M) Net assets 24 ($128k)
20212022202320242025
Revenue (356)Expenses (348)Net assets (24)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $686k to $3.7M (+440%).

$686k
$3.7M
$4.4M
$3.9M
$4.5M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 58% · 2022 60% · 2023 64% · 2024 77% · 2025 82%. Grants only. Government contracts and fees sit inside program revenue.

98% of BELIEVE CIRCLE CITY HIGH SCHOOL INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$57k
’21
$68k
’22
−$6k
’23
−$844k
’24
$337k
’25
2.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20212022202320242025
Listed1113141211
Joined·+2+2+1+3
No longer listed·0134
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $255k → $2.0M.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BELIEVE CIRCLE CITY HIGH SCHOOL INC’s funders (the co-funder graph). Top 10 of 11 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BELIEVE CIRCLE CITY HIGH SCHOOL INC leans on a few funders — its largest provides 27% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BELIEVE CIRCLE CITY HIGH SCHOOL INC.

27%
largest funder
75%
top three
~5
effective funders

Largest funder’s share by year: 2019 84% · 2020 46% · 2021 44% · 2022 57% · 2023 32% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of BELIEVE CIRCLE CITY HIGH SCHOOL INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

BELIEVE CIRCLE CITY HIGH SCHOOL INC draws 69% of its grant income from funders outside Indiana, across 5 states in all.

ID
IN
CA
CO
MO

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $143k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BELIEVE CIRCLE CITY HIGH SCHOOL INC has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin5% · above the median
Months of reserve2.3mo · below the median
Revenue growth (annualized)37% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like BELIEVE CIRCLE CITY HIGH SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 2 related entities

  • Build Believe Properties LLC · disregarded
  • Believe Schools Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BELIEVE CIRCLE CITY HIGH SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BELIEVE CIRCLE CITY HIGH SCHOOL INC?
BELIEVE CIRCLE CITY HIGH SCHOOL INC (Indiana) receives grants from 11 organizations whose IRS filings report $8,344,221 to it, the largest being CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ($2,272,570). 7 of them have funded it in more than one year.
How many funders does BELIEVE CIRCLE CITY HIGH SCHOOL INC have?
IRS filings report 11 organizations giving $8,344,221 in grants to BELIEVE CIRCLE CITY HIGH SCHOOL INC, 7 of which have funded it in more than one year.
Who is the largest funder of BELIEVE CIRCLE CITY HIGH SCHOOL INC?
CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND is the largest funder on record, with $2,272,570 in grants. The full list of funders is on this page.
How can an organization like BELIEVE CIRCLE CITY HIGH SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Believe Circle City High School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing