The Capstone Group Inc

Analysis

The Capstone Group Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Capstone Group Inc reported income of $11.8m and spending of $11.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $11.8m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Capstone Group Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Senior Living of Bedford ($11.8m), North Georgia Community Action Inc ($11.8m) and Chinatown Media and Arts Collaborative ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $146k (1.3% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $12.9m against liabilities of $7.5m, net assets of $5.4m. It reported 204 employees.