We have a very, very small compost pile. We don't use it much, usually when we first plant the garden. I also like to use it when a plant is having some troubles. We just transplanted a hydrangea bush that was being crowded out by an evergreen. It went into massive shock and I thought for sure it wasn't going to survive. After about a week or two I put a couple of cups of chamomile tea at the bottom of it and watered it well and then put some compost. We've only had a few days of rain, but it's already bouncing back.
Getting back to the compost itself though, even with going out daily and putting things in the compost, it has always stayed below halfway filled. We don't turn ours very often either or keep it enclosed or anything, so I'm sure some of the rain keeps it down too. We're lazy composters, as you can tell! I think I do it more for keeping things out of the garbage than for the compost.