Comp-U-Dopt Inc

Analysis

Comp-U-Dopt Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2023, Comp-U-Dopt Inc reported income of $25.1m and spending of $21.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $25.1m (+1092%), an average of +86% a year. The sharpest change came in the year to December 2020, when income rose by 284%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Comp-U-Dopt Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Ingenuity Prep ($25.1m), Lexington School for the Deaf ($25.2m) and Academy of Charter Schools Inc ($25.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $20.7m against liabilities of $3.0m, net assets of $17.7m. It reported 173 employees.