COMPASS WORKING CAPITAL INC
AI Summary
COMPASS Working Capital Inc is a nonprofit organization dedicated to ending asset poverty for families with low incomes, with a particular focus on those led by Black and/or Latinx women. Operating with an annual budget of $11 million and total revenue of $18.4 million, COMPASS provides client-centered savings and financial coaching programs, while also delivering training and policy solutions to promote asset building. The organization does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.compassworkingcapital.org.
Mission Statement
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.
Cause Areas
1
Financial services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is COMPASS WORKING CAPITAL INC’s budget?
In 2025, COMPASS WORKING CAPITAL INC reported an annual operating budget of around $11 million. More detailed financial information is available to registered users.
What causes does COMPASS WORKING CAPITAL INC support?
COMPASS WORKING CAPITAL INC supports work in Financial services.
Where does COMPASS WORKING CAPITAL INC operate?
COMPASS WORKING CAPITAL INC is headquartered in Boston, MA.
Who funded COMPASS WORKING CAPITAL INC recently?
In 2025, COMPASS WORKING CAPITAL INC received grants from THE CARMEL FAMILY FOUNDATION INC, BOSTON FATHERLESS & WIDOWS SOCIETY, and CAMBRIDGE COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COMPASS WORKING CAPITAL INC received in 2024?
The largest grant to COMPASS WORKING CAPITAL INC in 2024 exceeds $5.4 million.
What is COMPASS WORKING CAPITAL INC’s reliance on government grants?
COMPASS WORKING CAPITAL INC relied on government grants for more than 5% of their total revenue in 2025.