The Compassion Advocacy Network Inc

Analysis

The Compassion Advocacy Network Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Compassion Advocacy Network Inc reported income of $323k and spending of $325k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $323k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Compassion Advocacy Network Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Focused Living Ministries Inc ($323k), Dream Center Springfield Inc NFP ($323k) and Next Wave Muslim Initiative Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (18% of expenses). At year end it held assets of $22k against liabilities of $11k, net assets of $11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.