Compound Impact Inc

Analysis

Compound Impact Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Compound Impact Inc reported income of $184k and spending of $82k, leaving 55% of income unspent that year. Over the whole period it spent 24% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Compound Impact 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 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include RVM Grants Pass II Housing Corporation ($183k), Eden Park Inc ($184k) and Pisgah Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $717k against liabilities of $453k, net assets of $264k.