Cambridge School Inc

Analysis

Cambridge School Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cambridge School Inc reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.3m (+34%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cambridge School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Yes I Can Unity Through Music and Education Inc ($2.3m), Regents Academy of Nacogdoches Inc ($2.3m) and Poder Learning Center ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $150k (7.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.5m against liabilities of $398k, net assets of $3.1m. It reported 33 employees.