Mission
Abundance Capital extends the ability of philanthropists to unlock community potential, generate inclusive prosperity, and create sustainable economies. They facilitate venture philanthropy through donor-advised funds, providing flexible financing in the form of loans, equity, and grants for projects that address local challenges.
Basic Information
Founded in
2021
EIN
87-2850443
Total Assets
$804.5 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Venture Philanthropy Explained
Venture philanthropy enables transformative charitable giving through impact-first investments for community development.
Investing in Local Communities
Abundance Capital provides risk-tolerant financing options to small businesses and social enterprises.
Join the Impact
Learn how you can contribute to a sustainable local economy through impact investing.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
42
40
/100
Program Expense Ratio
95.31%
20
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
2.228
14
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 898.6K | 98.18% |
| Program Services | 15.08K | 1.65% |
| Investment Income | 1.616K | 0.18% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 915.3K | 100.00% |