Cambridge Street Community Development Corp

Analysis

Cambridge Street Community Development Corp is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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 Street Community Development Corp reported income of $135k and spending of $63k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $135k (+127%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 777%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cambridge Street Community Development Corp sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Dickey County Fairboard ($135k), Historical and Genealogical Society of Indiana County ($135k) and Camp Ihope Foundation ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.