Cap Services Inc

Analysis

Cap Services Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in February 1967, 59 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 2023, Cap Services Inc reported income of $19.5m and spending of $19.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.7m to $19.5m (+10.0%), an average of +2.4% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cap Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Arbor Circle Corporation ($19.5m), Knox County Association for Remarkable Citizens Inc ($19.5m) and Family and Childrens Aid Inc ($19.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $463k (2.4% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $48.9m against liabilities of $17.9m, net assets of $31.0m. It reported 299 employees.