Capstone Ministries Inc
Analysis
Capstone Ministries Inc is a registered charity in United States, based in Manteca, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Capstone Ministries Inc reported income of $243k and spending of $210k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $198k to $243k (+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 96% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Capstone Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include International Business Andeducation Consultants Inc ($243k), World Wide Hispanic Outreach Inc ($243k) and Junior Achievement of Middletown Area ($243k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $106k (50% of expenses). At year end it held assets of $213k against liabilities of $0, net assets of $213k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| International Business Andeducation Consultants Inc | WSHNGTN Xing | $243k |
| World Wide Hispanic Outreach Inc | Plainfield | $243k |
| Junior Achievement of Middletown Area | Cincinnati | $243k |
| Powering Potential Inc | New York | $243k |