Cambridge Cooperative Club Trust

Analysis

Cambridge Cooperative Club Trust is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 2015, 11 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 December 2023, Cambridge Cooperative Club Trust reported income of $53k and spending of $26k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $61k to $53k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cambridge Cooperative Club Trust sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Franklin County Extension Council Foundation ($53k), Eolia Christian Community Outreach Inc ($53k) and Bellville Christian Food Pantry ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.