Capital One Foundation Inc
Capital One Foundation maintains strong asset base and zero executive compensation, consistently operating with financial surpluses.
EIN: 113276603 · Mclean, VA · NTEE: B82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $110.1M |
| Total Expenses | $11.8M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $63,821,096 |
| Net Assets | $63.8M |
| Transparency Score | 95/100 |
Is Capital One Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital One Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital One Foundation Inc
Capital One Foundation Inc (EIN: 113276603) is a nonprofit organization based in Mclean, VA, classified under NTEE code B82Z. The organization reported total revenue of $110.1M and total assets of $154.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital One Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital One Foundation Inc is a major nonprofit that has been operating for 29 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.8M |
| Total Expenses | $11.8M |
| Surplus / Deficit | +$10.1M |
| Total Assets | $63.8M |
| Total Liabilities | $33K |
| Net Assets | $63.8M |
| Operating Margin | 46.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 65.0 months |
Financial Health Grade: A
In 2023, Capital One Foundation Inc reported a surplus of $10.1M with revenue exceeding expenses, holds 65.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Capital One Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +68.3% | -10.8% | +26.3% |
| 2022 | +672.3% | +315.1% | -14.5% |
| 2021 | -90.5% | -0.1% | +5.2% |
| 2020 | +935.8% | +93.2% | +44.5% |
| 2019 | -80.5% | -77.4% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital One Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Capital One Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filing periods, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets reaching $63,821,096 in 2023.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Capital One Foundation Inc:
- Consistent zero officer compensation across all filings.
- Strong and growing asset base, reaching $63,821,096 in 2023.
- Healthy financial surpluses in most recent periods (e.g., $21.8M revenue vs. $11.7M expenses in 202312).
- Very low liabilities relative to assets, indicating strong financial stability.
- Efficient resource allocation suggested by financial patterns.
Frequently Asked Questions about Capital One Foundation Inc
Is Capital One Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital One Foundation Inc (EIN: 113276603) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Capital One Foundation Inc spend its money?
Capital One Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital One Foundation Inc tax-deductible?
Capital One Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113276603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capital One Foundation Inc CEO make?
Capital One Foundation Inc's highest-compensated officer earns $63,821,096 annually. The organization reported $110.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Capital One Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Capital One Foundation Inc is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capital One Foundation Inc located?
Capital One Foundation Inc is headquartered in Mclean, Virginia and files with the IRS under EIN 113276603. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Capital One Foundation Inc have?
Capital One Foundation Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $110.1M in total revenue.
Is Capital One Foundation Inc. a good charity?
Based on the provided financial data, Capital One Foundation Inc. appears to be a very good charity. It consistently reports zero officer compensation, maintains a strong asset base ($63,821,096 in 2023), and generally operates with a surplus, indicating efficient financial management and a strong focus on its mission.
How does Capital One Foundation Inc. manage its expenses?
The foundation manages its expenses very efficiently, as evidenced by its consistent surpluses (e.g., $21,841,693 revenue vs. $11,780,314 expenses in 202312) and the complete absence of officer compensation, suggesting that operational costs are kept low and resources are primarily directed towards its charitable activities.
What is the trend in Capital One Foundation Inc.'s assets?
The foundation's assets have shown a strong upward trend in recent years, growing from $38,867,873 in 201912 to $63,821,096 in 202312, indicating robust financial growth and increasing capacity for its philanthropic endeavors.
Filing History
IRS 990 filing history for Capital One Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Capital One Foundation Inc's revenue has grown by 160%, moving from $8.4M to $21.8M. Total assets increased by 61.1% over the same period, from $39.6M to $63.8M. Total functional expenses rose by 244.1%, from $3.4M to $11.8M. In its most recent filing year (2023), Capital One Foundation Inc reported a surplus of $10.1M, with revenue exceeding expenses. The organization holds $33K in liabilities against $63.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $63.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.8M | $11.8M | $63.8M | $33K | — | View 990 |
| 2022 | $13.0M | $13.2M | $50.5M | $68K | — | View 990 |
| 2021 | $1.7M | $3.2M | $59.1M | $28K | — | View 990 |
| 2020 | $17.7M | $3.2M | $56.2M | $27K | — | View 990 |
| 2019 | $1.7M | $1.6M | $38.9M | $27K | — | — |
| 2015 | $8.8M | $7.3M | $40.5M | $214K | — | View 990 |
| 2014 | $9.0M | $6.7M | $43.6M | $153K | — | View 990 |
| 2013 | $3.8M | $7.9M | $44.2M | $188K | — | View 990 |
| 2012 | $4.4M | $1.8M | $46.8M | $222K | — | View 990 |
| 2012 | $6.2M | $4.5M | $44.4M | $238K | — | View 990 |
| 2011 | $8.4M | $3.4M | $39.6M | $301K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.8M, expenses of $11.8M, and assets of $63.8M (revenue +68.3% year-over-year).
- 2022: Revenue of $13.0M, expenses of $13.2M, and assets of $50.5M (revenue +672.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $3.2M, and assets of $59.1M (revenue -90.5% year-over-year).
- 2020: Revenue of $17.7M, expenses of $3.2M, and assets of $56.2M (revenue +935.8% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $38.9M (revenue -80.5% year-over-year).
- 2015: Revenue of $8.8M, expenses of $7.3M, and assets of $40.5M (revenue -2.9% year-over-year).
- 2014: Revenue of $9.0M, expenses of $6.7M, and assets of $43.6M (revenue +140.2% year-over-year).
- 2013: Revenue of $3.8M, expenses of $7.9M, and assets of $44.2M (revenue -14.9% year-over-year).
- 2012: Revenue of $4.4M, expenses of $1.8M, and assets of $46.8M (revenue -29.2% year-over-year).
- 2012: Revenue of $6.2M, expenses of $4.5M, and assets of $44.4M (revenue -25.8% year-over-year).
- 2011: Revenue of $8.4M, expenses of $3.4M, and assets of $39.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital One Foundation Inc:
Data Sources and Methodology
This transparency report for Capital One Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.