Cambridge House Enrichment Center
Analysis
Cambridge House Enrichment Center is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 House Enrichment Center reported income of $297k and spending of $302k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $387k to $297k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cambridge House Enrichment Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Innovative Partnerships N F P ($297k), Smile of Hopatcong ($297k) and STW Charities Inc ($297k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $12k (4.1% of expenses). Other salaries and wages came to $86k. At year end it held assets of $16k against liabilities of $0, net assets of $16k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Innovative Partnerships N F P | Rock Island | $297k |
| Smile of Hopatcong | Hopatcong | $297k |
| STW Charities Inc | Kansas City | $297k |
| Southern Sudan Mission Inc | Conroe | $297k |