IRS 990 Nonprofit Profile
Institute Capital INC
Institute capital, inc. is a not-for-profit organization whose purpose is to develop and/or preserve affordable housing, encourage and stimulate community and economic development, and expand economic opportunities and provide financing for community development activities. institute capital inc. is a community development financial institution (cdfi) certified by the u.S. department of the treasury and is supported primarily by government grants and income from loans. the organization's investment area includes north carolina, south carolina, virginia, west virginia, kentucky, and the dc metro area.
- Filing year
- 2024
- Total revenue
- $3.3M
- Total expenses
- $2.5M
- Program expenses
- $2.0M
- Administration
- $443K
- Fundraising
- $19K
- Program share of expenses
- 81%
- EIN
- 562142717
- Location
- Durham, NC
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Financial data on this page is sourced from IRS Form 990 filings.