Source of Compassion

Analysis

Source of Compassion is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Source of Compassion reported income of $99k and spending of $79k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $99k (+45%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Source of Compassion sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Hands of Mercy International ($99k), Frontier Innovations Foundation ($99k) and Leadership Strategies Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $2,114, net assets of $50k.