Capstone Foundation

Analysis

Capstone Foundation is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Capstone Foundation reported income of $5.0m and spending of $5.2m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.2m to $5.0m (-3.9%), an average of -1.0% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capstone Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Access Mammoth ($5.0m), Mabas Fund Inc ($5.0m) and San Mateo County Electrical Apprenticeship & Training Trust ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $31.1m against liabilities of $13.4m, net assets of $17.7m.