Capitol Projects Inc

Analysis

Capitol Projects Inc is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Capitol Projects Inc reported income of $388k and spending of $367k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $402k to $388k (-3.4%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 173%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Capitol Projects 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 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Westport Rotary Club Foundation Inc ($388k), Helps Community Initiatives Inc ($389k) and Wheat Ridge 2020 Inc ($388k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 137% of the total. Compensation of current officers, directors and key employees was $171k (47% of expenses). Other salaries and wages came to $63k. At year end it held assets of $3.5m against liabilities of $42k, net assets of $3.5m. It reported 73 employees.