Compass

Analysis

Compass is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Compass reported income of $3.5m and spending of $3.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.5m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compass sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include Community Action Commission ($3.5m), No One Left Behind Inc ($3.5m) and Juvenile Protective Association ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.1m.