Capitol Hill Community Foundation

Analysis

Capitol Hill Community Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Capitol Hill Community Foundation reported income of $1.3m and spending of $872k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $1.3m (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Capitol Hill Community Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Nancy Ann Hunt Foundation ($1.3m), Mountain Song Community School Building Corporation ($1.3m) and United Way of Northeast Georgia Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $2.6m against liabilities of $14k, net assets of $2.6m.