Captain Planet Foundation Inc

Analysis

Captain Planet Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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 2022, Captain Planet Foundation Inc reported income of $697k and spending of $898k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to December 2022, income fell from $2.4m to $697k (-71%), an average of -26% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Captain Planet Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Rochester Lifestyle Medicine Institute Inc ($697k), Chilmark Town Affairs Council Inc ($697k) and Senior Center of Boulder City Inc ($697k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $68k (7.6% of expenses). Other salaries and wages came to $266k. At year end it held assets of $363k against liabilities of $58k, net assets of $305k. It reported 9 employees.