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Cambridge School of Weston Inc

RegisteredEIN 04-2103964Weston, MAEducation and training
Income$24.0m2023-06
Spending$21.2msame year
Spent / received92%5-year average
Size in its cause97th pctEducation and training
Exempt since1937School
Employees149latest return

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

$0$6.0m$12.0m$18.0m$24.0m2019 Income: $22,365,5842019 Spending: $20,618,88520192020 Income: $19,376,0902020 Spending: $19,013,13420202021 Income: $20,616,1612021 Spending: $19,182,29620212022 Income: $22,369,9802022 Spending: $20,504,47320222023 Income: $23,978,8452023 Spending: $21,233,1032023
IncomeSpending

Where the income comes from

  • Contributions & grants 12%
  • Program services 81%
  • Other 6.5%

Similar-sized charities, same cause

CharityLocationIncome
United Charter High SchoolsNew York$24.0m
Achievepoint Floriday IncFt Lauderdale$24.0m
University of West Florida Foundation IncPensacola$24.0m
Euclid Avenue Development CorporationCleveland$24.0m