CAPITALISTS FOR SHARED INCOME
Mission Statement
Capitalists for Shared Income (C4SI) leverages the enormous wealth generated by Capitalism to build a capitalist sovereign wealth fund and use it to put cash in the hands of those living in poverty The mission of C4SI is simple: better share the abundant wealth produced by Capitalism. We believe that Capitalism is the best economic system. Capitalism efficiently allocates resources and has proven very effective at lifting people out of extreme poverty. What Capitalism does not do well is put limits on extreme income and wealth inequality, which are inherent to the economic system of Capitalism. Political systems can be used to limit these inequalities, but often fail. C4SI believes that Capitalism must self-regulate itself and find a way to better share income with its most vulnerable constituents or else risk falling out of favor with the population it so greatly serves. C4SI purchases pre-funded debit cards and distributes them to other 501(c)(3) charities working with those living in poverty. Our primary distribution is a branded $58 card called a $ecurity Card. We currently work with five (6) Distribution Partners across the country: 2 in CA, 1 in OH, 1 in PA, 1 in ME and 1 in NJ. As we raise more money, we will add more Distribution Partners. We use these Distribution Partners to gate access to C4SI $ecurity Cards through their existing trust networks. These organizations know the needs of their clientele best, and can target $ecurity Card distribution to their most effective ends.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.3% | 86.8% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
38.1 mo | 122.4 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.1% | 94.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
27.2% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
41.7% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
50.9% | 7.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $137K | $67K | $214K | 86.3% | — |
| 2023 | $108K | $48K | $136K | 93.0% | — |
| 2022 | $75K | $30K | $67K | 0.0% | — |
| 2021 | $91K | $20K | N/A | — | 1 |
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