Compton Magic

Analysis

Compton Magic is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in March 2008, 18 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, Compton Magic reported income of $308k and spending of $304k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $308k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compton Magic sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Des Moines Refugee Support ($307k), Blue Ridge Developmental Day ($308k) and Soup-N-Share Outreach Program ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $12k, net assets of $11k.