Tutoring Plus of Cambridge Inc

Analysis

Tutoring Plus of Cambridge Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tutoring Plus of Cambridge Inc reported income of $341k and spending of $389k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $424k to $341k (-20%), an average of -7.0% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tutoring Plus of Cambridge Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Spiro School Foundation for Excellence in Education Inc ($341k), Reach Studio Art Center ($341k) and Bixby Memorial Free Library ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $73k (19% of expenses). At year end it held assets of $487k against liabilities of $8,698, net assets of $478k. It reported 22 employees.