Financial Information

What We Are

Cape Ivy is a Virginia-registered nonprofit corporation exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.

Less than 5% Overhead

The expenses of the organization primarily consist of manufacturing and shipping ponchos. These components account for approximately 95% of the organization’s expenses.

Cape Ivy implements several strategies to maintain low overhead costs. First, the organization operates entirely with volunteers, eliminating the need for paid staff. Second, we forgo the use of paid consultants, utilizing the expertise of dedicated volunteers instead. Finally, Cape Ivy avoids rental and utility expenses by utilizing the homes of the co-founders. These measures enable Cape Ivy to allocate a larger portion of its funds towards its core mission and initiatives.

Our Funding

The mission of Cape Ivy is possible due to the commitment and support of our donors, co-founders, Board members, business sponsors and grants.

Corporate Sponsors & Partnerships

Information about sponsorships is available here.

Northern Virginia

Atlanta, GA

Grants Received

Memorial Gifts

  • Friends and Family of Judy Crane Elliott McCoy
  • Friends and Family of Ted Struble