Cambridge Public Access Corporation Inc

Analysis

Cambridge Public Access Corporation Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Cambridge Public Access Corporation Inc reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-0.1%), an average of +-0.0% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cambridge Public Access Corporation Inc sits at the 81st percentile: it is larger than about 81% 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 Coolidge National Medal of Honor Heritage Center Inc ($1.4m), LA Costa Canyon High School Foundation Inc ($1.4m) and Virginia Lutheran Homes Home Care Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $125k (9.4% of expenses). Other salaries and wages came to $522k. At year end it held assets of $3.4m against liabilities of $711k, net assets of $2.7m. It reported 33 employees.