Cambray Housing Corporation

Analysis

Cambray Housing Corporation is a registered charity in United States, based in Gouverneur, NY. It received its IRS tax-exemption ruling in September 2007, 19 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 March 2024, Cambray Housing Corporation reported income of $129k and spending of $142k, spending 111% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $196k to $129k (-34%), an average of -8.1% a year. The sharpest change came in the year to March 2023, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cambray Housing Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Mercy Manor II ($129k), Worthington Christian Village Benevolent Association Inc ($129k) and Abraham-Moss Village Inc ($129k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $4.1m against liabilities of $3.8m, net assets of $364k.

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.