Compass Family Services

Analysis

Compass Family Services is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Family Services reported income of $23.4m and spending of $22.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $23.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compass Family Services sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Elm Terrace Gardens ($23.4m), Share Our Selves Corporation ($23.4m) and Yolo Food Bank ($23.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $556k (2.5% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $34.1m against liabilities of $5.8m, net assets of $28.4m. It reported 190 employees.