Compassion Ventures Inc

Analysis

Compassion Ventures Inc is a registered charity in United States, based in Aliso Viejo, CA. It received its IRS tax-exemption ruling in February 1949, 77 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Compassion Ventures Inc reported income of $203k and spending of $334k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $413k to $203k (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Compassion Ventures Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Florida Coalition on Black Civic Participation Inc ($203k), Harpurs Ferry Student Volunteer Ambulance Service Ltd ($203k) and North Country Life Flight Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $103k. At year end it held assets of $377k against liabilities of $118k, net assets of $259k. It reported 2 employees.