Capital Link Inc

Analysis

Capital Link Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Capital Link Inc reported income of $3.1m and spending of $2.8m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.1m (+1.4%), an average of +0.3% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Capital Link Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Vna Home Health Services Inc ($3.1m), De Novo Center for Justice and Healing Inc ($3.1m) and Parkway Health Center Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $449k (16% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.4m against liabilities of $645k, net assets of $1.8m. It reported 39 employees.