Care Compass Collaborative

Analysis

Care Compass Collaborative is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in April 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Care Compass Collaborative reported income of $332k and spending of $277k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $163k to $332k (+103%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Compass Collaborative sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Hometown Heroes Inc ($332k), Trans-Atlantic Renal Council Inc ($332k) and Syracuse Home Asociation Foundation ($332k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $314k against liabilities of $7,994, net assets of $306k.