Capital Impact Partners
Analysis
Capital Impact Partners is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Capital Impact Partners reported income of $69.4m and spending of $73.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.7m to $69.4m (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 89% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Impact Partners sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include National Council on Aging Inc ($69.4m), Toward Independent Living & Learning Inc ($69.5m) and Union Associated Physicians Clinic LLC ($69.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $4.2m (5.6% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $691.8m against liabilities of $540.1m, net assets of $151.7m. It reported 183 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 47%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Council on Aging Inc | Arlington | $69.4m |
| Toward Independent Living & Learning Inc | Dedham | $69.5m |
| Union Associated Physicians Clinic LLC | Terre Haute | $69.1m |
| Augustana Care | Edina | $69.5m |