Compass Connections

Analysis

Compass Connections is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2014, 12 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 August 2023, Compass Connections reported income of $192.3m and spending of $194.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $82k to $192.3m (+235671%), an average of +597% a year. The sharpest change came in the year to August 2023, when income rose by 54513%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compass Connections sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Community Food Bank of New Jersey Inc ($192.1m), Mississippi State University Foundation Inc ($194.3m) and Health Services for Children with Special Needs Inc ($190.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $106.2m. At year end it held assets of $27.6m against liabilities of $28.6m, net assets of -$991k. It reported 6 employees.