Compass working capital ("compass") is working to END asset poverty for families with low incomes and narrow the racial and gender wealth divides. Our mission is to partner with families with low incomes to build assets as a pathway out of poverty. We focus on reaching families LED by black and/or latinx women. To achieve our mission, we operate client-centered savings and financial coaching programs, deliver training and technical assistance to other practitioners, and shape policy solutions that dismantle barriers to asset building.
Donations are tax-deductible
Category
Other
Employees
81
Volunteers
46
Financial Snapshot
FY ending 2024-08-31
Revenue
$17.6M
Expenses
$9.1M
Assets
$18.5M
Liabilities
$1.6M
Financial history
$17.6M$8.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $17.6M · Avg: $6.8M
501(h) election
This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.