Capital Lakefair Inc

Analysis

Capital Lakefair Inc is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in April 2004, 22 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 September 2023, Capital Lakefair Inc reported income of $388k and spending of $372k, spending 96% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $318k to $388k (+22%), an average of +10% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capital Lakefair Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include American Friends of Concordia University ($388k), Carver Baptist Bible Institute College & Theological Seminary ($388k) and Education & Res FNDTN of Better Bus Bureau of Metro Ny Inc ($388k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $188k against liabilities of $0, net assets of $188k.