Cambridge Academies

Analysis

Cambridge Academies is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Academies reported income of $1.8m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $710k to $1.8m (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cambridge Academies 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 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Comstock Community Center Incorporated ($1.8m), Chicago Food Policy Advisory Council NFP ($1.8m) and Condon Child Care ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $963k. At year end it held assets of $748k against liabilities of $38k, net assets of $710k. It reported 30 employees.