Community Action Committee of Cape Cod & Islands Inc

Analysis

Community Action Committee of Cape Cod & Islands Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Action Committee of Cape Cod & Islands Inc reported income of $18.8m and spending of $18.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.5m to $18.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2020, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Action Committee of Cape Cod & Islands Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Strive International Inc ($18.7m), Montana Community Development Corporation ($18.9m) and Abilene Goodwill Industries Inc ($18.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $2.0m, net assets of $1.3m. It reported 27 employees.