Compass Qalicb

Analysis

Compass Qalicb is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Compass Qalicb reported income of $660k and spending of $545k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $646k to $660k (+2.2%), an average of +0.5% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compass Qalicb sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Reach Columbus Inc ($660k), Ad-In Inc ($660k) and Connexion West ($660k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $16.0m against liabilities of $14.7m, net assets of $1.3m.