American Compass Inc

Analysis

American Compass Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, American Compass Inc reported income of $2.5m and spending of $1.8m, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.6m to $2.5m (+58%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, American Compass Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include For the People ($2.5m), Step Forward Foundation ($2.5m) and Rural Arizona Engagement ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $314k (18% of expenses). Other salaries and wages came to $564k. It paid $27k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $137k, net assets of $1.4m. It reported 7 employees.