House of Compassion

Analysis

House of Compassion is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, House of Compassion reported income of $230k and spending of $236k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $230k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, House of Compassion sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include Stream Foundation ($230k), Georgia Head Start Directors ($230k) and Plano Improvement Corporation ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $51k (22% of expenses). Other salaries and wages came to $44k. At year end it held assets of $813k against liabilities of $2,727, net assets of $811k. It reported 3 employees.