Capi USA

Analysis

Capi USA is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1982, 44 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, Capi USA reported income of $5.0m and spending of $5.7m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $5.0m (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Capi USA sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Foundation for Worldwide International Student Exchange ($5.0m), Worldreader Org ($5.0m) and Asian Cultural Council Inc ($5.0m).

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 $102k (1.8% of expenses). Other salaries and wages came to $2.9m. It paid $31k in professional fundraising fees. At year end it held assets of $4.2m against liabilities of $781k, net assets of $3.4m. It reported 67 employees.