Square and Compasses Holding

Analysis

Square and Compasses Holding is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Square and Compasses Holding reported income of $320k and spending of $729k, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $320k (-70%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 612%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Square and Compasses Holding sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Friends of Gisaid Inc ($320k), Waukee Community School Foundation ($320k) and Paul McBeth Foundation ($320k).

At year end it held assets of $13.5m against liabilities of $0, net assets of $13.5m.