Cacapon Institute

Analysis

Cacapon Institute is a registered charity in United States, based in Great Cacapon, WV. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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, Cacapon Institute reported income of $506k and spending of $488k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $506k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cacapon Institute sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WV. Charities of a similar size with the same main cause include Affordable Housing Management Assoc-Northern California and Hawa ($506k), Needles Eye Ministries Inc ($506k) and Mississippi Ednet Institute Inc ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Other salaries and wages came to $227k. At year end it held assets of $362k against liabilities of $12k, net assets of $350k. It reported 6 employees.