Capstone Health Services Foundation P C

Analysis

Capstone Health Services Foundation P C is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in July 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Capstone Health Services Foundation P C reported income of $40.1m and spending of $38.1m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $23.8m to $40.1m (+69%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 31%. 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, Capstone Health Services Foundation P C sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include The American University of Paris Inc ($40.1m), The Albert B Sabin Vaccine Institute Inc ($40.1m) and St Anns Home Inc ($40.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3.8m (10% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $40.0m against liabilities of $10.1m, net assets of $30.0m. It reported 133 employees.