Capital City Fund for Education Inc

Analysis

Capital City Fund for Education Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Fund for Education Inc reported income of $863k and spending of $559k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $863k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capital City Fund for Education Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Mount Vernon Academy ($863k), Michigan Integrated Food & Farming Systems ($863k) and Point Loma High School Pointer Association ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $682k against liabilities of $17k, net assets of $666k.