Capital City Housing Foundation Inc

Analysis

Capital City Housing Foundation Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capital City Housing Foundation Inc reported income of $381k and spending of $393k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $381k (+6.1%), an average of +1.5% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Capital City Housing Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 59th percentile within VT. Charities of a similar size with the same main cause include Jefferson Housing Inc ($380k), Arukah House ($381k) and Lodge at Hover Crossing ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 94% of the total. Other salaries and wages came to $3,018. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $257k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.