Capita Social Inc

Analysis

Capita Social Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Capita Social Inc reported income of $969k and spending of $1.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $969k (+231%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Capita Social Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include South Texas Charity Weekend Inc ($968k), University of Northern Iowa Prioperties Corporation ($969k) and Glassybaby White Light Foundation ($968k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $135k (11% of expenses). Other salaries and wages came to $160k. At year end it held assets of $243k against liabilities of $22k, net assets of $221k. It reported 2 employees.