Compass Academy Parent-Teacher Organization

Analysis

Compass Academy Parent-Teacher Organization is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Compass Academy Parent-Teacher Organization reported income of $88k and spending of $16k, leaving 81% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $67k to $88k (+32%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Compass Academy Parent-Teacher Organization 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 34th percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Eastport Tuttle PTO Inc ($88k), Center for Community Dispute Settlement ($88k) and Center for Coaching in Organizations ($88k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.