Compass Realty & Construction Group

Analysis

Compass Realty & Construction Group is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Compass Realty & Construction Group reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.5m (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Compass Realty & Construction Group sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Albany County Land Bank Corporation ($1.5m), Colony Retirement Homes of Holden Inc ($1.5m) and Long Island Partnership CLT Housing Development Fund Company Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $420k against liabilities of $157k, net assets of $263k.