Career Compass of Louisiana

Analysis

Career Compass of Louisiana is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Career Compass of Louisiana reported income of $2.0m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $3.1m to $2.0m (-37%), an average of -11% a year. The sharpest change came in the year to July 2022, when income dropped by 43%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Career Compass of Louisiana sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Heart of Iowa School Tuition Organization Inc ($2.0m), Digital Ready Inc ($2.0m) and Foundation of City College of San Francisco ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Other salaries and wages came to $779k. At year end it held assets of $2.0m against liabilities of $529k, net assets of $1.5m. It reported 147 employees.