Cap City Athletic 1847

Analysis

Cap City Athletic 1847 is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Cap City Athletic 1847 reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $541k to $1.5m (+169%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cap City Athletic 1847 sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Next Level Soccer Academy Inc ($1.5m), Jake Kielbs Hockey Foundation ($1.5m) and Anoka Ramsey Athletic Association ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $606k. At year end it held assets of $398k against liabilities of $8,812, net assets of $389k. It reported 4 employees.