Compass Education

Analysis

Compass Education is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Compass Education reported income of $87k and spending of $109k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $87k (-1.3%), an average of -1.3% a year. Over the whole period it spent 131% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Compass Education sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AL. Charities of a similar size with the same main cause include Friends of Rouge Park ($87k), Holy Cross Greek School ($87k) and Stanton Community Schools ($87k).

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 $1,228 against liabilities of $60k, net assets of -$58k.