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Washington, D.C. · Nonprofit

CAPITAL RESEARCH CENTER

CAPITAL RESEARCH CENTER (Washington, D.C.) receives grants from 209 organizations whose IRS filings report $17,719,391 to it, the largest being Donors Trust Inc ($3,211,900). 131 of them have funded it in more than one year.

Revenue FY2024
$7.5M
Funders on record
209
Grants received
$18M
Net assets
$12M
131/209 repeat funderspeak grant-dependency 51%
01What it does

What Capital Research Center does

Mission

Crc conducts research on the influence sector, including the advocacy groups, think tanks, foundations, activists, other opinion leaders, and groups influencing the public policy process.

As stated on its FY2024 Form 990.

Programs

  1. Research: crc conducts research on the influence sector, including the advocacy groups, think tanks, foundations, activists, other opinion leaders, and groups influencing the public policy process. Crc strives to produce ironclad research that is used to develop communications products to educate the public on how special interests are protected. Crc shares its research through regular print publications, a dynamic website (capitalresearch org), educational videos, social media channels, a podcast and other outlets. Crc's research specialties include investigating charitable groups engaging in policy (and potentially political) advocacy; other tax-exempt special interest entities and social welfare groups; foundations, individual donors, and grant-making organizations; labor unions, their mission, financial support, organizing campaigns, sources of support, and political activities. Crc also profiles other influencers, including the media and well-known activists and policymakers. Crc produced eight (8) print/magazine publications of long-form articles and populated the website with roughly ten posts per week of original research and commentary.

    $2,167,216 spent$16,864 earned by the program
    46% of program spending
  2. Influence watch: crc maintains influencewatch.org. A wiki-style online resource of fact-based, accurate descriptions of the various influencers of public policy debates. Influencewatch strives to be comprehensive, providing frequently updated profiles complete with reliable sourcing. Profiles include activists, non-profit entities, for-profit entities, labor unions, political action committees, agencies, legislation, and movements. The website grew to 15,000 total entries, with approximately 7,500 long profiles completed. Website traffic was 2.3 million unique users and 4.5 million pageviews. Roughly 2,000 users receive a monthly email with information on influencewatch entries.

    $1,099,925 spent
    24% of program spending
  3. Communications: communications: crc disseminates its research (via press release, media statements, and other media relations efforts) to news outlets that cover the topic of public policy influence. Crc's media appearances (including op eds, interviews, references in the media, and other citations) in outlets like the wall street journal, the new york times, the washington post, fox news, the chronicle of philanthropy, national review, realclear politics, washington examiner, washington free beacon, the daily caller, among others. Our hits jumped to close to 4,500, an increase of 12.5 percent. Crc's many educational videos were viewed over 8.6 million times on youtube and facebook.

    $418,852 spent
    9% of program spending
  4. Outreach

    $364,313 spent
    8% of program spending
  5. Center for strategic giving

    $273,518 spent
    6% of program spending
  6. Social media

    $259,108 spent
    6% of program spending
  7. Research archives

    $75,216 spent
    2% of program spending
  8. Dangerous documentaries

    $18,045 spent
    0% of program spending

The 8 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,676,193.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.5M) Expenses 100 ($4.4M) Net assets 100 ($12M)2018 Revenue 116 ($2.9M) Expenses 110 ($4.8M) Net assets 78 ($9.4M)2019 Revenue 182 ($4.6M) Expenses 128 ($5.6M) Net assets 79 ($9.4M)2020 Revenue 192 ($4.9M) Expenses 126 ($5.5M) Net assets 81 ($9.6M)2021 Revenue 239 ($6.1M) Expenses 156 ($6.8M) Net assets 84 ($10M)2022 Revenue 282 ($7.2M) Expenses 167 ($7.3M) Net assets 71 ($8.5M)2023 Revenue 293 ($7.5M) Expenses 165 ($7.2M) Net assets 86 ($10M)2024 Revenue 296 ($7.5M) Expenses 182 ($8.0M) Net assets 100 ($12M)
'17'18'19'20'21'22'23'24
Revenue (296)Expenses (182)Net assets (100)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $12M to $9.7M (−21%).

$12M
$9.7M
$9.8M
$9.9M
$11M
$9.0M
$11M
$12M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

97% of CAPITAL RESEARCH CENTER’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 3,053 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$1.8M
’17
−$1.8M
’18
−$948k
’19
−$628k
’20
−$714k
’21
−$76k
’22
$289k
’23
−$427k
’24
1.1
months of
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.

Board chair

Eric O'Keefe

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1111131214161516
Joined·+1+4+0+3+3+2+1
No longer listed·1211130
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 33 funders to 95 funders, grant income rose $106k → $3.8M.

22 of 209 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% 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 RESEARCH CENTER’s funders (the co-funder graph). Top 30 of 209 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 RESEARCH CENTER has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

40% 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 RESEARCH CENTER.

18%
largest funder
45%
top three
~12
effective funders

Largest funder’s share by year: 2017 31% · 2018 44% · 2019 27% · 2020 20% · 2021 16% · 2022 20% · 2023 24% — diversifying over time.

“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

58% of CAPITAL RESEARCH CENTER's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

CAPITAL RESEARCH CENTER draws 100% of its grant income from funders outside Washington, D.C., across 36 states in all.

AK
WA
ID
MN
IL
WI
MI
NY
MA
OR
NV
WY
IN
OH
PA
NJ
CT
CA
UT
CO
MO
KY
VA
MD
DE
AZ
KS
TN
NC
SC
HI
OK
LA
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $7.0M arriving through sponsors registered in 16 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.

04Its place in the field

Against its field

CAPITAL RESEARCH CENTER has grown faster than half of the 2,910 philanthropy nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Organizations like CAPITAL RESEARCH CENTER

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

59% of spending goes to programs.

Program 59%Management 11%Fundraising 30%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 31 states

AK
NH
WA
IL
WI
MI
NY
MA
OR
OH
PA
NJ
CT
RI
CA
MO
KY
WV
VA
MD
AZ
KS
AR
TN
NC
SC
OK
LA
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for CAPITAL RESEARCH CENTER: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 RESEARCH CENTER?
CAPITAL RESEARCH CENTER (Washington, D.C.) receives grants from 209 organizations whose IRS filings report $17,719,391 to it, the largest being Donors Trust Inc ($3,211,900). 131 of them have funded it in more than one year.
How many funders does CAPITAL RESEARCH CENTER have?
IRS filings report 209 organizations giving $17,719,391 in grants to CAPITAL RESEARCH CENTER, 131 of which have funded it in more than one year.
Who is the largest funder of CAPITAL RESEARCH CENTER?
Donors Trust Inc is the largest funder on record, with $3,211,900 in grants. The full list of funders is on this page.
How can an organization like CAPITAL RESEARCH CENTER 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 209 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 22, 2026. What this page cannot tell you · view filing