Cambio Labs Co

Analysis

Cambio Labs Co is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2024, Cambio Labs Co reported income of $302k and spending of $260k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $169k to $302k (+79%), an average of +79% a year. The sharpest change came in the year to June 2024, when income rose by 79%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cambio Labs Co sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Peopleplace ($302k), American Research Universities - Human Resource Institute ($302k) and American Association of Orthopaedic Medicine ($302k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.