Capstone

Analysis

Capstone is a registered charity in United States, based in Gering, NE. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Capstone reported income of $510k and spending of $490k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $500k to $510k (+2.1%), an average of +0.5% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capstone sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include Manna of Life Ministries ($510k), Fresh Air Family Inc ($510k) and Valley Mission Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $289k. At year end it held assets of $604k against liabilities of $7,568, net assets of $596k. It reported 7 employees.