Capernaum Inc

Analysis

Capernaum Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2023, Capernaum Inc reported income of $125k and spending of $131k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $141k to $125k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capernaum Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Mother Mary Mission Incorporated ($125k), How House ($125k) and North Central Nebraska Pregnancy Resource Center Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $98k (75% of expenses). At year end it held assets of $31k against liabilities of $3,051, net assets of $28k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.