Human Development & Capability Association Inc

Analysis

Human Development & Capability Association Inc is a registered charity in United States, based in Holly Springs, NC. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Human Development & Capability Association Inc reported income of $160k and spending of $91k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $227k to $160k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Human Development & Capability Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Mosinee Preschool ($160k), Finklea High and Loris Training Schools Alumni Association Inc ($160k) and Vichy Mothers Club ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.