Compass School Inc

Analysis

Compass School Inc is a registered charity in United States, based in Westmnstr Sta, VT. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Compass School Inc reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Compass School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within VT. Charities of a similar size with the same main cause include Foundation for Tomorrow ($1.3m), Diploma Equity Project ($1.3m) and Upward Bound School Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $69k (5.5% of expenses). Other salaries and wages came to $662k. At year end it held assets of $1.4m against liabilities of $919k, net assets of $518k. It reported 35 employees.