Cambridge School of Weston Inc
Analysis
Cambridge School of Weston Inc is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in July 1937, 89 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Cambridge School of Weston Inc reported income of $24.0m and spending of $21.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.4m to $24.0m (+7.2%), an average of +1.8% a year. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cambridge School of Weston Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include United Charter High Schools ($24.0m), Achievepoint Floriday Inc ($24.0m) and University of West Florida Foundation Inc ($24.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $582k (2.7% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $55.6m against liabilities of $14.6m, net assets of $41.1m. It reported 149 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 81%
- Other 6.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Charter High Schools | New York | $24.0m |
| Achievepoint Floriday Inc | Ft Lauderdale | $24.0m |
| University of West Florida Foundation Inc | Pensacola | $24.0m |
| Euclid Avenue Development Corporation | Cleveland | $24.0m |