Massachusetts · Nonprofit
CIRCLE OF HOPE INC
CIRCLE OF HOPE INC (Massachusetts) receives grants from 54 organizations whose IRS filings report $2,193,535 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($502,047). 28 of them have funded it in more than one year.
- Revenue FY2025
- $2.1M
- Funders on record
- 54
- Grants received
- $2.2M
- Net assets
- $875k
What Circle of Hope Inc does
Mission
Circle of hope's mission is to provide individuals and families experiencing homelessness and housing insecurity with clothing and hygiene essentials to promote health and opportunity.
As stated on its FY2025 Form 990.
Program
To provide homeless people in and around boston with certain necessities.
$1,442,211 spentof which $1,118,683 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,442,211.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $726k to $1.2M (+72%).
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.
Government-grant reliance: 2021 2%. Grants only. Government contracts and fees sit inside program revenue.
86% of CIRCLE OF HOPE INC’s revenue is contributions — about as donation-reliant as the typical peer (90% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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.
Chief executive
Ari Barbanell Kassirer
Executive director
Board chair
Peter Donovan
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 24 funders, grant income rose $43k → $276k.
11 of 54 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% 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 CIRCLE OF HOPE INC’s funders (the co-funder graph). Top 30 of 54 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
CIRCLE OF HOPE INC has a broad base — no single funder exceeds 23% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
49% 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 CIRCLE OF HOPE INC.
Largest funder’s share by year: 2017 46% · 2018 61% · 2019 37% · 2020 33% · 2021 39% · 2022 21% · 2023 16% — 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
41% of CIRCLE OF HOPE INC's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
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
84% of CIRCLE OF HOPE INC's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $701k arriving through sponsors registered in 9 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.
Against its field
CIRCLE OF HOPE INC runs a healthier operating margin than half of the 1,325 religion nonprofits its size.
this organization peer median middle 50% of peers· 1,325 religion nonprofits $1M–$10M, FY2025
Organizations like CIRCLE OF HOPE 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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CIRCLE OF HOPE 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.
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 CIRCLE OF HOPE INC?
- CIRCLE OF HOPE INC (Massachusetts) receives grants from 54 organizations whose IRS filings report $2,193,535 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($502,047). 28 of them have funded it in more than one year.
- How many funders does CIRCLE OF HOPE INC have?
- IRS filings report 54 organizations giving $2,193,535 in grants to CIRCLE OF HOPE INC, 28 of which have funded it in more than one year.
- Who is the largest funder of CIRCLE OF HOPE INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $502,047 in grants. The full list of funders is on this page.
- How can an organization like CIRCLE OF HOPE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Circle of Hope →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 54 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 22, 2026. What this page cannot tell you · view filing