Compass for Kids

Analysis

Compass for Kids is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2024, Compass for Kids reported income of $2.2m and spending of $2.0m, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $933k to $2.2m (+140%), an average of +24% a year. The sharpest change came in the year to May 2024, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Compass for Kids sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Bridge Meadows ($2.2m), Erins House for Grieving Children Inc ($2.2m) and Project Extreme ($2.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $106k (5.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.4m against liabilities of $94k, net assets of $1.3m. It reported 198 employees.