Compass Academy Network Inc

Analysis

Compass Academy Network Inc is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Compass Academy Network Inc reported income of $651k and spending of $561k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $651k (+113%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Compass Academy Network Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Compass Academy ($651k), Causeys Learning Center ($651k) and Logos Academy ($650k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $189k. At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 24 employees.