Friends of Cambridge Athletics Inc

Analysis

Friends of Cambridge Athletics Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Friends of Cambridge Athletics Inc reported income of $171k and spending of $197k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $359k to $171k (-52%), an average of -22% a year. The sharpest change came in the year to June 2022, when income rose by 186%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Cambridge Athletics Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Rasur Foundation International ($171k), Stan Friesen Senior Trip Inc ($171k) and Ross School Parent-Teacher Association ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.