Compass Aviation Inc

Analysis

Compass Aviation Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in October 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, Compass Aviation Inc reported income of $234k and spending of $221k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $239k to $234k (-2.2%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 65%. 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 Aviation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Whispers of Hope Horsefarm ($234k), Crack House Ministries ($234k) and Macomb Cultural and Economic Partnership ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.