Center of Compassion Inc

Analysis

Center of Compassion Inc is a registered charity in United States, based in Dover Plains, NY. It received its IRS tax-exemption ruling in August 2020, 6 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, Center of Compassion Inc reported income of $116k and spending of $134k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $284k to $116k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center of Compassion Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Red Willow Learning Center Inc ($116k), Sacred Heart of Jesus Conference Society of St Vincent de Paul ($116k) and Grief and Loss Center of North Texas ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 35% of the total. Other salaries and wages came to $18k. At year end it held assets of $211k against liabilities of $999, net assets of $210k. It reported 2 employees.