Compadres Therapy

Analysis

Compadres Therapy is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Compadres Therapy reported income of $182k and spending of $203k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $94k to $182k (+93%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Compadres Therapy sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Reach Northwest ($182k), Starved Rock Country Alliance Inc ($182k) and Building a Local Economy ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $86k. At year end it held assets of $66k against liabilities of $1,185, net assets of $65k. It reported 6 employees.