Capitol Square Renovation Foundation Inc

Analysis

Capitol Square Renovation Foundation Inc is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 March 2023, Capitol Square Renovation Foundation Inc reported income of $197k and spending of $195k, spending 99% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $149k to $197k (+32%), an average of +9.6% a year. The sharpest change came in the year to March 2021, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capitol Square Renovation Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Steepleview Housing Development Fund Company Inc ($197k), Parent Booster USA Inc ($197k) and Cape Fear Network of Baptist Churches ($197k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.