DEMOGRAPHIC
ADDRESS
900 HAYNES ST
27604
COUNTY
wake county, NC
IN CARE OF NAME
FLOYD T CARTER
ORGANIZATIONAL OVERVIEW & RANKINGS
CAPITOL AREA DEVELOPMENTS INC is a based in RALEIGH, NC, focused on Housing, Shelter causes . Established in June 1990, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $28,256,102.00, this ranks 28,118 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 630 out of 80,207 organizations in NC (Top 1%).
In wake county, NC, the organization ranks 92 out of 10,332 nonprofits by assets (Top 1%), while locally in raleigh, it stands at 75 among 6,106 organizations (Top 2%).
The organization reported annual revenue of $4,613,273.00, ranking 50,860 nationally (Top 2%) and 1,249 in NC (Top 2%).
Within its specific NTEE classification (L200 - L: Housing, Shelter), which includes 666 similar organizations, CAPITOL AREA DEVELOPMENTS INC ranks 82 in assets (Top 12%) and 112 in revenue (Top 16%).
The organization files a 990 (all other) or 990EZ return and operates on a February fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
03/2023
ACCOUNTING PERIOD
03
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$4,613,273.00
FORM 990 REVENUE AMOUNT
$4,613,273.00
RULING DATE
06/1990
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$28,256,102.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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