Compassion Center of Nwa Inc

Analysis

Compassion Center of Nwa Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in October 2017, 9 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 September 2023, Compassion Center of Nwa Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $815k to $1.7m (+106%), an average of +20% a year. The sharpest change came in the year to September 2020, when income rose by 53%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Compassion Center of Nwa Inc 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 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Venture Capital Foundation ($1.7m), Boost Collaborative ($1.7m) and Warren County Development Association ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% of the total. Other salaries and wages came to $710k. At year end it held assets of $882k against liabilities of $98k, net assets of $784k.