Cap It Tampa

Analysis

Cap It Tampa is a registered charity in United States, based in Odessa, FL. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Cap It Tampa reported income of $109k and spending of $95k, spending 87% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $82k to $109k (+32%), an average of +32% a year. The sharpest change came in the year to May 2024, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cap It Tampa sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include C Club Incorporated ($109k), Charles H Wesley Education Foundation ($109k) and Dental Vision Mission ($109k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 4.0% and program service revenue 56% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.