Capital Institute

Analysis

Capital Institute is a registered charity in United States, based in Stonington, CT. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Institute reported income of $764k and spending of $737k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $764k (+170%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 210%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capital Institute sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Vikingland Community Support ($764k), Uplift North ($765k) and Rochester Organization of Families ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $15k (2.0% of expenses). At year end it held assets of $53k against liabilities of $471k, net assets of -$418k. It reported 1 employees.