CapinCrouse

What CapinCrouse does

CapinCrouse is a national accounting and advisory firm that has served exclusively nonprofit organizations since its founding in 1972 by Dick Capin in Indianapolis, Indiana. The firm delivers audit and assurance, tax, and consulting services through dedicated practice areas for five nonprofit verticals: general nonprofit organizations, higher education institutions, churches and denominations, international outreach organizations, and nonprofit healthcare organizations. Core service lines include financial statement and Uniform Guidance audits, employee benefit plan audits, Form 990 preparation and unrelated business income tax (UBIT) studies, outsourced accounting, enterprise risk management, and specialized assessments such as the trademarked Church Assessment™, Nonprofit Assessment™, Fraud Checkup™, and the Church Financial Health Index™ benchmarking dashboard. The firm employs 200+ professionals, including 30+ partners, and operates approximately 15 offices across the United States serving more than 1,600 nonprofit clients.

The business model is a partner-led professional services model with quote-based, scope-driven fees and multi-year engagement cycles. CapinCrouse is also a separate practice unit of Carr, Riggs & Ingram (CRI) following a January 2025 combination, which preserves the CapinCrouse brand and client relationships while providing access to CRI's broader service portfolio, technology development, and data analytics resources. The firm's go-to-market relies on direct partner-led engagement, industry-association referrals (ECFA, NACUBO, The Church Network, Christian Leadership Alliance), and a thought-leadership content engine that includes the Margin for Mission podcast, webinars, newsletters, and contributed articles in industry publications. Technology differentiation is limited to proprietary domain-specific frameworks and benchmarking tools rather than a unified software platform; the firm has no disclosed AI/ML capabilities and no proprietary data science product.

In June 2026 CapinCrouse opened a new Kansas City, Missouri office, extending its Midwest footprint under partner Doug McVey. The firm holds the distinction of being the largest US firm exclusively serving nonprofits per IPA Top 200 data and has appeared on the IPA 200 list for at least eight consecutive years and on Accounting Today's Top Regional Leader list for at least four consecutive years. No public revenue figures are disclosed.

Name

CapinCrouse

Legal name

CapinCrouse LLP

Website

https://capincrouse.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

CapinCrouse is a national accounting and advisory firm exclusively serving nonprofit organizations, delivering audit, tax, and consulting services to 1,600+ clients across higher education, churches, international outreach, and healthcare sectors through 15 US offices as a division of Carr, Riggs & Ingram.

Ownership category

akta.pro rank

Product category

Nonprofit Accounting and Advisory Services

NAICS

Religious, Grantmaking, Civic, Professional, and Similar Organizations (813), Business, Professional, Labor, Political, and Similar Organizations (8139)

akta.pro primary industry

ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)

Keywords

• Nonprofit accounting services
• Audit and assurance
• Nonprofit tax advisory
• Nonprofit consulting
• Employee benefit plan audits

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Audit and Assurance Services: Audit, review, and compilation services for nonprofit organizations including employee benefit plan audits, governmental audits, and Uniform Guidance single audits. Delivered by licensed CPA firm.
2. Nonprofit Tax Services: Tax advisory and compliance services including Form 990 preparation, unrelated business income tax studies, tax compliance and advisory, employee retention credit services, clean energy credit services, private foundation services, and revenue enhancement opportunities.
3. Nonprofit Consulting Services: Advisory services including Church Assessment, Nonprofit Assessment, Fraud Checkup, nonprofit compensation studies, outsourced accounting services, tech stack advisory, enterprise risk management, employee benefit plan compliance assessment, and management consulting.
4. Cybersecurity Services: GLBA compliance services including documentation, vendor management, vulnerability scanning, penetration testing, employee training, and independent assessments through CapinTech division.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

CapinCrouse is a national accounting and advisory firm exclusively serving nonprofit organizations, delivering audit and assurance, tax, and consulting services across five vertical practices: nonprofit organizations, higher education, churches and denominations, international outreach, and nonprofit healthcare. The firm offers standalone service lines such as employee benefit plan audits, Uniform Guidance single audits, GLBA/cybersecurity compliance, outsourced accounting, enterprise risk management, and trademarked diagnostic tools including the Church Financial Health Index, Church Assessment, Nonprofit Assessment, and Fraud Checkup.

Product overview

CapinCrouse is a national full-service accounting and advisory practice exclusively serving nonprofit organizations, functioning as a division of Carr, Riggs & Ingram (CRI). Rather than a unified software product, CapinCrouse offers a portfolio of professional service lines organized by client sector and service type. The core service offerings span audit and assurance, tax, and consulting, delivered through specialized practice areas serving nonprofit organizations, higher education institutions, churches and denominations, international outreach organizations, and nonprofit healthcare organizations. Supporting these core services are specialized add-on modules including the Church Financial Health Index (an online financial benchmarking dashboard), Church Assessment Service, Nonprofit Assessment Service, Fraud Checkup, Fraud and Forensic Accounting Services, Enterprise Risk Management Services, GLBA Compliance Services, and the Lease Toolkit. The firm serves over 1,600 nonprofit clients nationwide through 15 offices with more than 200 professionals.

Differentiator

Problem solved

Functional benefit

Brands

• Church Financial Health Index™: An exclusive online dashboard providing key measures, ratios, benchmarks, and peer information to help churches assess financial condition and track financial trends.

Products and services

• Nonprofit Audit Services Audit, review, and assurance services that validate financial reporting, systems, and internal controls for nonprofit organizations, including employee benefit plan audits and governmental audits.
• Higher Education Audit Services Audit, tax, and consulting services tailored for colleges, universities, and seminaries, including financial statement audits, Uniform Guidance single audits, GLBA compliance, and NCAA Agreed-Upon Procedures.
• Church and Denomination Accounting, Auditing, and Consulting Services Professional audit, assurance, consulting, and assessment services for churches and denomination entities, including fraud checkup and the Church Financial Health Index dashboard.
• International Outreach Organizations Services Audit, accounting, tax, and cybersecurity services for international outreach organizations serving through evangelism, education, disaster relief, health care, and microfinance.
• Nonprofit Healthcare Organizations Services Audit and tax services for nonprofit healthcare organizations including senior living facilities, hospitals, health centers, surgery centers, home care, hospice, and pregnancy resource centers.
• Employee Benefit Plan Audits Audits of 401(k), 403(b), pension, and health and welfare plans subject to ERISA, including preparation of IRS Form 5500 and nondiscrimination testing.
• Nonprofit Tax Services Tax advisory and compliance services for exempt organizations including Form 990 services, UBIT studies, tax compliance, employee retention credit, clean energy credits, and private foundation services.
• Nonprofit Consulting Services Consulting services including Church Assessment, Nonprofit Assessment, Fraud and Forensic Accounting, Compensation Studies, Outsourced Accounting, Tech Stack Advisory, and Enterprise Risk Management.
• GLBA Compliance Resources and Services Resources and services to help higher education institutions achieve Gramm-Leach-Bliley Act compliance, including documentation, vendor management, vulnerability scanning, penetration testing, employee training, and independent assessments, delivered through the CapinTech division.
• Governmental and Uniform Guidance Single Audit Services Audits performed in accordance with Governmental Auditing Standards and Uniform Guidance, including compliance attestation engagements for state funding programs.
• Outsourced Nonprofit Accounting Services Outsourced accounting services tailored to meet the unique needs of nonprofit entities.
• Fraud and Forensic Accounting Services Specialized fraud investigation and forensic accounting services for nonprofits including asset misappropriation investigation, corruption examination, financial statement fraud analysis, and litigation support.

Quantifiable outcome

• Serving more than 1,600 nonprofit organizations
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Carr, Riggs & Ingram (CRI)flagshipStrategic or Co-development Partner · 1 January 2025In January 2025, CapinCrouse joined with Carr, Riggs & Ingram (CRI), a Top 25 nationally ranked accounting and advisory firm. CapinCrouse operates as a separate practice unit under the CapinCrouse name, with existing client relationships continuing unchanged. The partnership provides CapinCrouse clients access to CRI's full suite of specialized services, technology development, and data analytics capabilities.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Forvis (formerly BKD): Forvis is a Top 10 U.S. accounting firm formed through the merger of BKD and Dixon Hughes Goodman, with a deep nonprofit, healthcare, and higher education practice. It competes with CapinCrouse across multiple verticals and offers comparable scale and audit specialization.
• Withum: Withum is a Top 30 U.S. accounting and advisory firm with a notable nonprofit practice, including services to religious organizations and foundations. It is a comparable peer in nonprofit-specialized audit and advisory work.
• CliftonLarsonAllen (CLA): CLA is a Top 10 U.S. accounting firm with one of the largest dedicated nonprofit practices in the country. Like CapinCrouse, CLA delivers audit, tax, and advisory services to a broad range of nonprofit organizations, making it the most direct competitor for nonprofit-specialized engagements at scale.
• Blue & Co. Blue & Co. is a regional accounting and advisory firm with a strong nonprofit, healthcare, and church practice across the Midwest. Geographic and sector overlap make it a direct peer to CapinCrouse, particularly for clients in the firm's Midwest footprint.
• Eide Bailly: Eide Bailly is a Top 25 U.S. accounting and advisory firm with a dedicated nonprofit practice serving religious organizations, foundations, and associations. It is a direct competitor to CapinCrouse, particularly in the church and denomination segment.
• Wipfli: Wipfli is a Top 25 U.S. accounting and advisory firm with a substantial nonprofit and government practice, offering audit, tax, and consulting services. It competes head-to-head with CapinCrouse for mid-market and larger nonprofit engagements, particularly in higher education and healthcare.
• CBIZ CPAs: CBIZ is a Top 20 U.S. accounting and business advisory firm with a strong nonprofit and government practice. It competes with CapinCrouse for mid-market nonprofit audit, tax, and advisory engagements across multiple verticals.

Broad incumbents

• Plante Moran: Plante Moran is a major U.S. accounting and business advisory firm serving nonprofit, healthcare, and higher education clients. While broader in scope than CapinCrouse, it is a comparable peer for larger nonprofit audit and consulting engagements.
• Carr, Riggs & Ingram (CRI): CRI is CapinCrouse's parent firm and a Top 25 nationally ranked accounting and advisory firm. CRI provides the broader professional services platform (including cybersecurity via CapinTech) under whose alternative practice structure CapinCrouse operates as a specialized nonprofit unit.

Others

• CapinTech (Carr, Riggs & Ingram Cybersecurity Division): CapinTech is the cybersecurity and GLBA compliance arm of Carr, Riggs & Ingram, providing services to nonprofit and higher education clients. As a sibling division within CRI, it shares client base and referral flow with CapinCrouse and represents an adjacent peer in the nonprofit cybersecurity space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/capincrouse
• Facebookfacebook.com/capincrouse
• LinkedInlinkedin.com/company/capin-crouse-llp
• Instagraminstagram.com/capincrouse

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CapinCrouse