Capital Area Initiatives Foundation

Analysis

Capital Area Initiatives Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Capital Area Initiatives Foundation reported income of $517k and spending of $343k, leaving 34% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $383k to $517k (+35%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 136%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capital Area Initiatives Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include San Francisco Safehouse ($517k), Bishop James Daly Gardens Senior Housing Development Fund Company I ($517k) and Healthy Archuleta Inc ($516k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $686k against liabilities of $31k, net assets of $656k.