Old Capitol Foundation

Analysis

Old Capitol Foundation is a registered charity in United States, based in Vandalia, IL. It received its IRS tax-exemption ruling in October 2000, 26 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 2022, Old Capitol Foundation reported income of $455k and spending of $456k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $746k to $455k (-39%), an average of -15% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old Capitol Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Alianza Hispanoamericana NFP Inc ($455k), Antioch Ministries Inc ($456k) and American Association of Adapted Sports Programs Inc ($455k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). At year end it held assets of $8.7m against liabilities of $0, net assets of $8.7m. It reported 1 employees.