Compassus Living Foundation Inc

Analysis

Compassus Living Foundation Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in October 2017, 9 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, Compassus Living Foundation Inc reported income of $498k and spending of $240k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $498k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 194%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassus Living Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Goodwill Recsue Mission Inc ($498k), Utah Community Action Partnership Association ($498k) and Tenleytown Main Street ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $61k (25% of expenses). At year end it held assets of $1.6m against liabilities of $4,444, net assets of $1.6m. It reported 1 employees.