Captrust Community Foundation Inc

Analysis

Captrust Community Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 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 December 2023, Captrust Community Foundation Inc reported income of $755k and spending of $1.2m, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $755k (+101%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 1176%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Captrust Community Foundation Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Lydias Place Womens and Family Shelter of Randolph ($755k), North Capitol at Plymouth Inc ($755k) and Beacon of Hope Ministries ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.

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.