H-cap Education Association Inc is a 501(c)(3) organization based in New York, New York, registered in 2014, with $555,447 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$555K
▼ 39.0% vs prior year
Health median: $840K
Expenses (FY2024)
$569K
Net assets
$876K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H-cap Education Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H-cap Education Association Inc: 18 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H-cap Education Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H-cap Education Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $175K (FY2014) to $555K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-2.5%
Spent more than it raised in the latest fiscal year.
Total assets
$935K
Total liabilities
$59K
Net assets
$876K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $555,447▼39.0% | $569,302▲116% | $875,576▼1.6% | $934,700▲4.4% | 990 |
| 2023 | $910,773▲569% | $264,002▼14.1% | $889,431▲267% | $895,428▲251% | 990 |
| 2022 | $136,080▼58.9% | $307,465▼63.9% | $242,660▼41.4% | $255,316▼57.3% | 990 |
| 2021 | $331,000▼79.2% | $852,106▼49.4% | $414,045▼53.7% | $597,572▼42.3% | 990 |
| 2020 | $1,593,000▲166% | $1,684,610▲46.0% | $894,439▼9.3% | $1,035,596▼1.4% | 990 |
| 2019 | $598,500▼63.6% | $1,154,169▲19.3% | $986,049▼36.0% | $1,050,681▼36.8% | 990 |
| 2018 | $1,644,826▲121% | $967,363▲50.3% | $1,541,718▲78.4% | $1,663,293▲53.0% | 990 |
| 2017 | $743,838▼10.0% | $643,419▲125% | $864,255▲13.1% | $1,087,255▲40.4% | 990 |
| 2016 | $826,524▲125% | $286,151▲35.9% | $763,836 | $774,142 | 990 |
| 2015 | $368,046▲110% | $210,518▲103% | $0▼100% | $0▼100% | 990 |
| 2014 | $175,000 | $103,837 | $71,163 | $71,187 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to H-cap Education Association Inc totaling $1.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2020 | $500,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2019 | $500,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Apprenticeship/hlth | 2018 | $500,000 |
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Data for H-cap Education Association Inc (EIN 46-4604754) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.