Color Compton Inc

Analysis

Color Compton Inc is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Color Compton Inc reported income of $563k and spending of $345k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $244k to $563k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Color Compton Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Franconia Soaring Foundation Inc ($563k), Boys & Girls Clubs of the Keys Area Inc ($563k) and STEM for Her Foundation ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $40k (12% of expenses). At year end it held assets of $272k against liabilities of $3,500, net assets of $268k.