Capital Area Community Services Inc

Analysis

Capital Area Community Services Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in March 1966, 60 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 September 2023, Capital Area Community Services Inc reported income of $27.9m and spending of $27.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $25.0m to $27.9m (+12%), an average of +2.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Area Community Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Guttmacher Institute Inc ($27.9m), Lutheran Home ($27.9m) and Goodwill Industries of South Texas Inc ($27.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $269k (1.0% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $5.2m against liabilities of $2.5m, net assets of $2.7m. It reported 352 employees.