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Strategic Capacity Group Inc

RegisteredEIN 46-3936857McLean, VAEducation and training
Income$9.8m2023-12
Spending$9.6msame year
Spent / received100%5-year average
Size in its cause93rd pctEducation and training
Exempt since2014Publicly supported organisat
Employees41latest return

Analysis

Strategic Capacity Group Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Strategic Capacity Group Inc reported income of $9.8m and spending of $9.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $9.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strategic Capacity Group Inc 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 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Hightech LA ($9.8m), Lincoln Academy Charter School ($9.8m) and Santos Manuel Student Union of Ca State Univ San Bernardino ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $935k (9.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.8m against liabilities of $1.4m, net assets of $353k. It reported 41 employees.

Income and spending

$0$2.7m$5.4m$8.1m$10.7m2019 Income: $8,605,7022019 Spending: $8,615,04720192020 Income: $9,776,7482020 Spending: $9,782,10220202021 Income: $10,738,4302021 Spending: $10,741,03520212022 Income: $8,551,3872022 Spending: $8,534,17220222023 Income: $9,755,0752023 Spending: $9,588,4552023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.5%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Hightech LAVan Nuys$9.8m
Lincoln Academy Charter SchoolArvada$9.8m
Santos Manuel Student Union of Ca State Univ San BernardinoSN Bernrdno$9.8m
Genesys WorksKeller$9.8m