Cambridge Main Street Initiative Inc

Analysis

Cambridge Main Street Initiative Inc is a registered charity in United States, based in Cambridge, OH. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Main Street Initiative Inc reported income of $62k and spending of $104k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $62k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 125% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cambridge Main Street Initiative Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Power Worship Center Inc ($62k), Outcast Redeemed Inc ($62k) and Restore the Family Ministries ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $35k (34% of expenses). At year end it held assets of $31k against liabilities of $0, net assets of $31k. It reported 2 employees.