Cap & Gown Project

Analysis

Cap & Gown Project is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cap & Gown Project reported income of $135k and spending of $142k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $135k (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 141%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cap & Gown Project sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Progressive Voices Institute Inc ($135k), Helping Hands Healing Hooves Inc ($135k) and Anchorage Vineyard Family Resource Center ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $27k. At year end it held assets of $512k against liabilities of $941, net assets of $511k. It reported 1 employees.