Compass Classical Academy

Analysis

Compass Classical Academy is a registered charity in United States, based in Northfield, NH. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Compass Classical Academy reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Compass Classical Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NH. Charities of a similar size with the same main cause include America Evangelical University ($1.8m), Canopy Life International Inc ($1.9m) and World Link Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $315k, net assets of $1.0m. It reported 35 employees.