Squareone Compassion Inc

Analysis

Squareone Compassion Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Squareone Compassion Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $570k to $1.2m (+115%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Squareone Compassion Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Amanda Hope Rainbow Angels ($1.2m), Reed Foundation for Autism Inc ($1.2m) and Community Compassion Stonegate ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $63k (5.2% of expenses). Other salaries and wages came to $702k. At year end it held assets of $1.5m against liabilities of $872k, net assets of $589k. It reported 28 employees.