Capital Village Schools

Analysis

Capital Village Schools is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Capital Village Schools reported income of $3.9m and spending of $4.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $340k to $3.9m (+1056%), an average of +84% a year. The sharpest change came in the year to June 2021, when income rose by 332%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capital Village Schools sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Lumen Scholar Institute ($3.9m), Carden Academy of Maui ($3.9m) and Discovery Charter Prep School ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $266k (6.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.5m against liabilities of $5.6m, net assets of -$75k. It reported 46 employees.