Advancing Compassion Project

Analysis

Advancing Compassion Project is a registered charity in United States, based in San Diego, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Advancing Compassion Project reported income of $164k and spending of $187k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $306k to $164k (-46%), an average of -19% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advancing Compassion Project sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Tenth & Lami Inc ($164k), Foothills Farmers Market ($164k) and Kids Et Cetera Day Care Center Inc ($164k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.