Compass-Finances Gods Way Ministries of Florida Inc

Analysis

Compass-Finances Gods Way Ministries of Florida Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in August 2012, 14 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-Finances Gods Way Ministries of Florida Inc reported income of $117k and spending of $113k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $123k to $117k (-4.7%), an average of -2.4% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compass-Finances Gods Way Ministries of Florida Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Circles of Troup County Inc ($117k), Lunch Is Served Inc ($117k) and Second Chance Bikes ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.