Cambridge Community Housing Inc

Analysis

Cambridge Community Housing Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Cambridge Community Housing Inc reported income of $4.7m and spending of $3.4m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.7m (+29%), an average of +6.6% a year. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cambridge Community Housing Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Salem Village III Inc ($4.7m), George Marston Whitin Memorial Community Association Inc ($4.7m) and Student Housing of America Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $367k. At year end it held assets of $24.4m against liabilities of $13.6m, net assets of $10.8m.