Capitol Education Foundation

Analysis

Capitol Education Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Capitol Education Foundation reported income of $6.3m and spending of $6.6m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.3m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capitol Education Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Lafayette Partners in Education ($6.3m), Generation Teach Inc ($6.3m) and Fairmount Montessori Association ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $2.0m against liabilities of $508k, net assets of $1.5m. It reported 57 employees.