National Compadres Network Inc

Analysis

National Compadres Network Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, National Compadres Network Inc reported income of $1.8m and spending of $3.6m, spending 204% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.8m (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Compadres Network Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Barbara B Jordan YMCA ($1.8m), Alexander Graham Bell Association for the Deaf and Hard of Hearing ($1.8m) and Mansfield Discovery Depot ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $441k (12% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.9m against liabilities of $896k, net assets of $4.0m. It reported 32 employees.