Cambridge Community Center Inc

Analysis

Cambridge Community Center Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cambridge Community Center Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $937k to $1.5m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cambridge Community Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Assistance League of St Louis ($1.5m), Kids Matter Inc ($1.5m) and Hope Opportunity Purpose Empowerment Culture Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $195k (12% of expenses). Other salaries and wages came to $817k. At year end it held assets of $1.8m against liabilities of $406k, net assets of $1.3m. It reported 35 employees.