Cambridge Charitable Foundation

Analysis

Cambridge Charitable Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Charitable Foundation reported income of $4.4m and spending of $6.6m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.4m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 123%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cambridge Charitable Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Recovery Cafe of Clark County ($4.4m), Bend the Arc-A Jewish Partnership for Justice ($4.4m) and United Helpers Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $49.3m against liabilities of $0, net assets of $49.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.