Capital Region Community Foundation

Analysis

Capital Region Community Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Capital Region Community Foundation reported income of $9.5m and spending of $9.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.8m to $9.5m (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income rose by 157%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Capital Region Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Amoud Foundation ($9.5m), Southwest Intermediary Finance Team Inc ($9.6m) and K18n Foundation ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $352k (3.8% of expenses). Other salaries and wages came to $471k. At year end it held assets of $145.7m against liabilities of $16.3m, net assets of $129.4m. It reported 12 employees.