Compass House

Analysis

Compass House is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1974, 52 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 House reported income of $1.9m and spending of $2.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 17%. 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 House sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Jewish Family Services of Greater Orlando Inc ($1.9m), Generatehope Inc ($1.9m) and Horizons Social Services of Adams County Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $77k (3.8% of expenses). Other salaries and wages came to $946k. At year end it held assets of $2.4m against liabilities of $55k, net assets of $2.3m. It reported 59 employees.