Cambridge Manor Tenant Council

Analysis

Cambridge Manor Tenant Council is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1996, 30 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 December 2023, Cambridge Manor Tenant Council reported income of $4.2m and spending of $4.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.2m (+20%), an average of +4.7% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cambridge Manor Tenant Council sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Stovall Development Corporation ($4.2m), Yorkville Gardens Housing Development Fund Co Inc ($4.2m) and Range Transitional Housing Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $635k. At year end it held assets of $10.7m against liabilities of $9.4m, net assets of $1.3m.