Community Capital Inc

Analysis

Community Capital Inc is a registered charity in United States, based in Henderson, MN. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Capital Inc reported income of $349k and spending of $175k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $331k to $349k (+5.3%), an average of +1.3% a year. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Capital Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Ex Fabula Inc ($349k), Southern Illinois University ($349k) and Nutley Music Boosters Associationinc ($349k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1,200 (0.7% of expenses). At year end it held assets of $2.8m against liabilities of $1.1m, net assets of $1.7m.