Cambridge at Home Inc

Analysis

Cambridge at Home Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 at Home Inc reported income of $261k and spending of $279k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $265k to $261k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cambridge at Home Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include New Promise Children and Family Services ($261k), Corbin Senior Citizens Center Inc ($261k) and Serenity Angels Child Care Ministry ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $149k (53% of expenses). At year end it held assets of $599k against liabilities of $234k, net assets of $365k. It reported 4 employees.