Compassion Planet

Analysis

Compassion Planet is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Compassion Planet reported income of $2.1m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $869k to $2.1m (+137%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassion Planet sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Family Independence Inc ($2.1m), Ubuntu Inc ($2.1m) and Inglis Community Services Incorporated ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $94k (4.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $678k. It reported 67 employees.