Washington, D.C. · Nonprofit
CAPITAL AREA ASSET BUILDING CORPORATION
CAPITAL AREA ASSET BUILDING CORPORATION (Washington, D.C.) receives grants from 29 organizations whose IRS filings report $7,028,082 to it, the largest being GREATER WASHINGTON COMMUNITY FOUNDATION ($3,023,601). 10 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.2M
- Funders on record
- 29
- Grants received
- $7.0M
- Net assets
- $1.1M
What Capital Area Asset Building Corporation does
Mission
To create opportunities for low- and moderate-income individuals in the greater dc region to build financial security, savings, and wealth for the future.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
The organization's board of directors approved the liquidation and dissolution of the organization effective december 31, 2024 and started to wind down caab's programs.
Its own explanation, from Schedule O of that return (Part III, line 3).
Savings programs - caab encourages people to save money through its savings programs. These programs are offered to eligible participants who meet program guidelines. The program is a way for individuals to save money and invest in their future or the future of their family and youth. Use of funds can be for home purchase, small business, education, and children savings accounts as well as medical and burial expenses.
$1,697,434 spentof which $433,202 as grants86% of program spendingFinancial education - caab provides credit counseling sessions, and sponsors seminars and workshops on a wide range of financial topics such as: setting financial goals, developing and managing a spending plan, choosing financial products and services, understanding credit, managing debt, saving for college, understanding the basics of investing, and saving for retirement. Caab requires that ida enrollees complete the money management 101 curriculum before matriculating into the matched savings program. Caab believes this will increase savings participation and rentention rates, as well as better inform savers on the usage of their assets.
$4,957 spent$145,492 earned by the program0% of program spendingEitc - the dc earned income tax credit (eitc) campaign recruits and trains hundreds of volunteers to prepare tax returns, provide savings and financial education information, and educate low-wage workers during the tax season. Many low-income families receive free tax filing assistance at dc campaign tax sites, enabling them to access tax refunds resulting from tax credits for lower income workers.
$280,705 spentof which $25,000 as grants14% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,983,096.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $19M to $3.5M (−82%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 41% · 2018 58% · 2019 53% · 2020 31% · 2021 55% · 2022 54% · 2023 31% · 2024 35%. Grants only. Government contracts and fees sit inside program revenue.
90% of CAPITAL AREA ASSET BUILDING CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 8 funders, grant income rose $165k → $1.2M.
6 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CAPITAL AREA ASSET BUILDING CORPORATION’s funders (the co-funder graph). Top 28 of 29 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CAPITAL AREA ASSET BUILDING CORPORATION leans on a few funders — its largest provides 43% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAPITAL AREA ASSET BUILDING CORPORATION.
Largest funder’s share by year: 2017 36% · 2018 43% · 2019 33% · 2020 57% · 2021 65% · 2022 34% · 2023 39% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
25% of CAPITAL AREA ASSET BUILDING CORPORATION's funders are still giving 3 years after their first grant; 34% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
51% of CAPITAL AREA ASSET BUILDING CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.5M that is directly attributable, 54% of it comes from funders outside Washington, D.C., across 10 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.6M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CAPITAL AREA ASSET BUILDING CORPORATION is better cushioned than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like CAPITAL AREA ASSET BUILDING CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
58% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CAPITAL AREA ASSET BUILDING CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAPITAL AREA ASSET BUILDING CORPORATION?
- CAPITAL AREA ASSET BUILDING CORPORATION (Washington, D.C.) receives grants from 29 organizations whose IRS filings report $7,028,082 to it, the largest being GREATER WASHINGTON COMMUNITY FOUNDATION ($3,023,601). 10 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CAPITAL AREA ASSET BUILDING CORPORATION have?
- IRS filings report 29 organizations giving $7,028,082 in grants to CAPITAL AREA ASSET BUILDING CORPORATION, 10 of which have funded it in more than one year.
- Who is the largest funder of CAPITAL AREA ASSET BUILDING CORPORATION?
- GREATER WASHINGTON COMMUNITY FOUNDATION is the largest funder on record, with $3,023,601 in grants. The full list of funders is on this page.
- How can an organization like CAPITAL AREA ASSET BUILDING CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 29 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing