Capitol Collegiate Inc

Analysis

Capitol Collegiate Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Capitol Collegiate Inc reported income of $8.0m and spending of $7.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $8.0m (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capitol Collegiate Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Aurora Charter School ($8.0m), Birmingham Promise Inc ($8.0m) and Student Association Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (2.0% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $5.4m against liabilities of $2.8m, net assets of $2.6m. It reported 81 employees.