Compass Prep Inc

Analysis

Compass Prep Inc is a registered charity in United States, based in Holly Springs, GA. It received its IRS tax-exemption ruling in August 2007, 19 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 June 2024, Compass Prep Inc reported income of $401k and spending of $381k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $352k to $401k (+14%), an average of +4.4% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Compass Prep Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Family Promise of Sacramento ($400k), International Conference on Information Quality Inc ($401k) and Monte Vista Montessori ($400k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $51k (13% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 15 employees.