Capable Partners Inc

Analysis

Capable Partners Inc is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, Capable Partners Inc reported income of $82k and spending of $79k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $82k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. 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, Capable Partners Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include H O P E Recovery Ministries International Inc ($82k), Legatus ($82k) and Mountain Moving Faith Ministries ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $137k against liabilities of $13k, net assets of $124k.