Capital Business Development Association

Analysis

Capital Business Development Association is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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 Business Development Association reported income of $132k and spending of $82k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $132k (+3.5%), an average of +3.5% a year. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Business Development Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Trustees of Purdue University ($132k), Stewart B Lang Memorial Library ($132k) and Habitat for Humanity International Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.