Compass Health

Analysis

Compass Health is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Compass Health reported income of $74.8m and spending of $77.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $72.7m to $74.8m (+2.9%), an average of +0.7% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Compass Health sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Comagine Health ($74.8m), Sound ($74.9m) and Spurwink Services Incorporated ($74.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.2m (2.9% of expenses). Other salaries and wages came to $41.6m. At year end it held assets of $49.8m against liabilities of $21.5m, net assets of $28.2m. It reported 824 employees.