Capital for Good USA

Analysis

Capital for Good USA is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2010, 16 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 June 2023, Capital for Good USA reported income of $12.0m and spending of $6.2m, leaving 49% of income unspent that year. Across the 5 years on record, from September 2019 to June 2023, income fell from $13.4m to $12.0m (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2023, when income rose by 282%. Over the whole period it spent 53% 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 for Good USA sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 89th percentile within DC. Charities of a similar size with the same main cause include Neighborhood Partnerships Inc ($12.0m), Community Foundation of Macon County ($12.1m) and Pacific Research Institute for Public Policy ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $228k (3.7% of expenses). Other salaries and wages came to $452k. At year end it held assets of $42.0m against liabilities of $471k, net assets of $41.5m.