Northwest Compass Inc

Analysis

Northwest Compass Inc is a registered charity in United States, based in Mt Prospect, IL. It received its IRS tax-exemption ruling in July 1986, 40 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 June 2023, Northwest Compass Inc reported income of $2.8m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $958k to $2.8m (+197%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 70%. 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, Northwest Compass Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Bethel Ministries Inc ($2.8m), Fields Comprehensive Youth Services Inc ($2.8m) and Crescent Cove ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $156k (5.4% of expenses). Other salaries and wages came to $751k. At year end it held assets of $2.1m against liabilities of $572k, net assets of $1.5m. It reported 25 employees.