Caps or Celebrating All Persevering Students

Analysis

Caps or Celebrating All Persevering Students is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caps or Celebrating All Persevering Students reported income of $81k and spending of $63k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $81k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caps or Celebrating All Persevering Students sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Friends for Friends ($81k), Give for a Smile ($81k) and Greenwood Homes Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 9.3% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.