Charity Search / CAPITOL AREA DEVELOPMENTS INC
Housing & Shelter (L200)

CAPITOL AREA DEVELOPMENTS INC

EIN: 58-1888268 · RALEIGH, NC 27604 · United States · FY 2023 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$4.6M
Total Revenue
$3.6M
Total Expenses
$23.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency 0.0%
Operating Reserve 79.30x
Liability-to-Asset 16.7%
Revenue Diversification 98.2%
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $4.6M $3.6M $23.5M 100.0% 0
2022 $4.5M $3.3M N/A 0
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Organization Details
EIN
58-1888268
State
NC
City
RALEIGH
ZIP
27604
NTEE Code
L200
Category
Housing & Shelter
Rating
48★
Last Updated
Oct 2025
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