Capitol Heights Place II Inc
Analysis
Capitol Heights Place II Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2024, Capitol Heights Place II Inc reported income of $509k and spending of $622k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $432k to $509k (+18%), an average of +4.2% a year. Over the whole period it spent 125% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Capitol Heights Place II Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Utah Association of Realtors Housing Opportunity Fund ($509k), Missouri Energycare Inc ($509k) and Progressive Housing Solutions Corporation ($509k).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $3.4m against liabilities of $5.4m, net assets of -$2.0m.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Utah Association of Realtors Housing Opportunity Fund | Sandy | $509k |
| Missouri Energycare Inc | Saint Peters | $509k |
| Progressive Housing Solutions Corporation | Canton | $509k |
| Cullman Senior Housing Inc | Birmingham | $509k |