Capital University

Analysis

Capital University is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1971, 55 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, Capital University reported income of $125.1m and spending of $131.4m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $131.5m to $125.1m (-4.9%), an average of -1.2% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capital University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Bethel University ($124.9m), Southeastern University Inc ($126.3m) and Ursinus College ($124.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.7m (1.3% of expenses). Other salaries and wages came to $31.6m. At year end it held assets of $294.9m against liabilities of $53.2m, net assets of $241.7m. It reported 1,750 employees.