Compassion United Inc
Analysis
Compassion United Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in September 2010, 16 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, Compassion United Inc reported income of $2.4m and spending of $2.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $2.4m (+175%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 77% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassion United Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Urban Recipe Inc ($2.4m), Proworks Inc ($2.4m) and Sock It to Em Sock Campaign ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $101k (4.4% of expenses). Other salaries and wages came to $252k. At year end it held assets of $2.2m against liabilities of $22k, net assets of $2.2m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Urban Recipe Inc | Atlanta | $2.4m |
| Proworks Inc | Litchfield | $2.4m |
| Sock It to Em Sock Campaign | HGHLNDS Ranch | $2.4m |
| Big Brothers Big Sisters Foundation | Kansas City | $2.4m |