Capstone Ministries Inc

Organization Overview

Capstone Ministries Inc is located in Mitchell, IN. The organization was established in 2006. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, Capstone Ministries Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capstone Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Capstone Ministries Inc generated $206.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $174.7k during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE COMMUNITY THROUGH FINANCIAL AID

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS/OPERATES A USED CLOTHING STORE. ACCEPTING CLOTHES AND MERCHANDISE DONATIONS AND PROVIDING THEM AT A LOW COST TO THE COMMUNITY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$276
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$276
Total Program Service Revenue$0
Investment income $81
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $500
Net Gain/Loss on Asset Sales $205,868
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $206,725

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