Fedcap Reports Double-Digit Growth, Expands Global Reach with AI

NEW YORK, NY – May 20, 2026 – The Fedcap Group, a global non-profit focused on economic mobility, today announced a strong first half for its 2026 fiscal year, marked by an 11.4% increase in operating revenue to $209.7 million. The results, for the period ending March 31, 2026, underscore a period of significant expansion, with the organization serving 252,264 individuals—a 58% increase year-over-year—while extending its footprint in the United Kingdom and Australia.

This growth is powered by a diversified model that combines robust programmatic outcomes with strategic acquisitions and a forward-looking investment in technology, including artificial intelligence. Fedcap's performance stands out in a non-profit sector grappling with economic uncertainty, positioning it as a case study in scalable social impact.

"The first half of fiscal 2026 demonstrated the strength and resilience of Fedcap's diversified business model as we expanded our impact across areas in which we have substantial subject matter expertise," stated Christine McMahon, President and CEO of Fedcap. "These results reflect our commitment to scaling high-impact programs that drive long-term economic mobility and well-being for the individuals and communities we serve."

A Blueprint for Sustainable Growth

Fedcap's financial health, validated by a top four-star rating from Charity Navigator, is built upon four key practice areas: education, workforce development, health, and economic development. This diversified portfolio has proven resilient, enabling the organization to grow organically while pursuing strategic mergers. The company reported a 97% win rate on recompeting for existing contracts, a strong indicator of successful program execution and client satisfaction.

Total assets grew to $411.8 million, with net assets increasing to $105.1 million, continuing a multi-year trajectory of organizational strengthening. This financial stability allows Fedcap to not only weather economic shifts but also to reinvest in its mission. The organization's business development pipeline remains robust, with $3.67 billion in total prospects under development, signaling confidence in future growth.

This strategy aligns with broader trends in the non-profit world, where organizations are increasingly turning to mergers and acquisitions to enhance efficiency and expand their impact. Fedcap’s recent activities demonstrate a disciplined approach to this trend, targeting entities that complement its existing expertise and open new geographic markets.

Global Expansion, Local Transformation

While the financial numbers are impressive, the story of Fedcap's first half is also one of tangible human impact, scaled globally. The organization deepened its international presence through key acquisitions, including The New School in the U.K. to bolster its education portfolio and The Community Collective QLD in Australia to expand its workforce development services for individuals with disabilities.

These global moves are mirrored by profound local outcomes:

• Workforce Development: Fedcap placed 13,818 individuals into jobs, an increase of 4.6% over the prior year. Critically, its focus on long-term success is evident in its retention rates, with 84% of individuals still employed after 180 days—an improvement on the previous year and a benchmark for the sector.

• Health and Financial Wellness: The organization's Single Stop platform proved to be a powerful anti-poverty tool, connecting 24,833 households to over $681 million in eligible benefits and services. This translates to an average of $27,400 per household, a life-altering sum for many. A new partnership with Navy Federal Credit Union is set to expand this service to over 15 million members of the U.S. military community. Fedcap also acquired Healthcare Ready, a nationally recognized leader in disaster response, to ensure continuity of care for vulnerable communities during emergencies.

• Economic Development: Through its portfolio of social enterprises, Fedcap employed 1,123 individuals in mission-driven businesses. These are not just jobs, but pathways to stability, with employees earning an average annual wage of $51,871—nearly 68% higher than the New York State minimum wage. The long-term financial health of these employees is further supported by a retirement plan that has grown over 24-fold since 2010, from $8 million to $194.2 million in assets.

Innovating for the Future of Social Services

Underpinning Fedcap's expansion is a deliberate and strategic embrace of technology. The organization is moving beyond traditional service delivery models by deploying a suite of proprietary and AI-enabled platforms designed to improve outcomes, boost efficiency, and scale its impact.

"Across the enterprise, we are strategically deploying AI-enabled platforms and tools designed to improve client outcomes, increase staff productivity, strengthen operational efficiency, and help scale programs more effectively," McMahon noted, emphasizing a commitment to responsible innovation.

This is not just a theoretical commitment. Fedcap's technology stack includes:

• FedcapCARES: A cloud-based case management software that automates client tracking, attendance, and employment data.
• FedcapVR and Fedcap Champion: Immersive technology initiatives that use virtual and extended reality (XR) to provide scalable, high-impact training for technical roles, targeting underserved communities.
• PrepNOW!™: A SaaS platform with interactive learning tools to help youth navigate the path to college entry and graduation.

This investment in digital transformation allows Fedcap to deliver personalized support at scale, whether it's helping a student prepare for college, providing a worker with immersive job training, or connecting a family to critical benefits in minutes. By leveraging technology, the organization is building a more efficient and effective model for tackling society's most pressing challenges.

As Fedcap moves into the second half of its fiscal year, its performance offers a compelling model for how non-profits can achieve both mission impact and disciplined financial growth. Through a combination of global strategy, localized support, and technological foresight, the organization is not just serving more people—it is building sustainable pathways to economic well-being on an unprecedented scale.