Compass - Catholic Ministries Inc

Analysis

Compass - Catholic Ministries Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 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 - Catholic Ministries Inc reported income of $153k and spending of $170k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $153k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compass - Catholic Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within NV. Charities of a similar size with the same main cause include Miracle League of Valdosta Georgia ($153k), Bitterroot Mariposa Foundation Inc ($153k) and American Fitness Health & Wellness Institute ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $106k against liabilities of $6,401, net assets of $100k.