Cayl Institute Inc

Analysis

Cayl Institute Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cayl Institute Inc reported income of $2.1m and spending of $2.0m, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $432k to $2.1m (+375%), an average of +375% a year. The sharpest change came in the year to December 2023, when income rose by 375%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cayl Institute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Fairmont State Foundation Inc ($2.1m), Woburn Public Library ($2.1m) and Northern Rush County Schools Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $622k (32% of expenses). Other salaries and wages came to $300k. At year end it held assets of $502k against liabilities of $77k, net assets of $425k. It reported 9 employees.