Compass Ministries Inc

Analysis

Compass Ministries Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Compass Ministries Inc reported income of $146k and spending of $161k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $146k (+3.1%), an average of +3.1% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Compass Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Iglesia Pentecostal Ejercito de Poder ($146k), Shalom Catholic Community of Boston Inc ($146k) and His Whole House Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 11% of the total. At year end it held assets of $39k against liabilities of $301, net assets of $39k.