Capital City Education Alliance Inc

Analysis

Capital City Education Alliance Inc is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Education Alliance Inc reported income of $88k and spending of $85k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $218k to $88k (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 312%. Over the whole period it spent 544% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Capital City Education Alliance Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include Glen Ridge Community Fund ($88k), The Optimist Foundation of Adrian Missouri Inc ($88k) and Gainesville Jaycees Charities Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $4,145, net assets of $18k.