Impact

Since launching our first FSS program in 2010, Compass has partnered with 5,000 families to build $19,000,000 in savings.

Compass FSS graduates save $9,000 on average in their FSS escrow accounts. 75% of graduates also have $400 or more in additional personal savings - last year, only 63% of all US households could say the same.

Compass-run FSS programs significantly outperform other FSS programs nationally, and Compass FSS graduates significantly increase the financial security of their family:

3rd-Party Evaluation

Since launching our first FSS partnership in 2010, we have engaged in continual program monitoring and evaluation with external research partners to inform program modifications and evaluate the program’s impact. Starting in 2014, Compass engaged Abt Associates to conduct ongoing rigorous evaluation of our FSS programs. These studies have analyzed the impact of our programs on participants’ earnings, public assistance utilization, and credit and debt outcomes. Likewise, Abt has conducted multiple cost-benefit analyses of these programs.

This research supports our conviction that well-run FSS programs with a focus on asset building can support women and families to build savings, reach their financial goals, and become more financially secure. Likewise, these outcomes strengthen the case for FSS as the kind of powerful tool that we need, at a far greater scale, to narrow the racial and gender wealth divides.

*Compass collects and analyzes a significant amount of data about our programs. Limited data is available regarding FSS program performance nationally and is included where available. Compass program data is current as of 8/31/2023.