Capital Foundation of New York Inc

Analysis

Capital Foundation of New York Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in June 2019, 7 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, Capital Foundation of New York Inc reported income of $290k and spending of $341k, spending 118% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $135k to $290k (+115%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capital Foundation of New York Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include PS 527 PTA Inc ($290k), Saint Francis Montessori Christian School ($290k) and Mainstay Christian Academy ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $127k against liabilities of $222k, net assets of -$95k.