Capstone Health

Analysis

Capstone Health is a registered charity in United States, based in Parrish, AL. It received its IRS tax-exemption ruling in December 2006, 20 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 April 2023, Capstone Health reported income of $8.4m and spending of $7.0m, spending 84% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $5.8m to $8.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to April 2021, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Capstone Health 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 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Center for Comprehensive Health Practice Inc ($8.4m), Healthways Inc ($8.4m) and Autism Spectrum Disorder Foundation Inc ($8.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $275k (3.9% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $9.3m against liabilities of $1.0m, net assets of $8.3m. It reported 104 employees.