Cambridge in America
Analysis
Cambridge in America is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1967, 59 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2023, Cambridge in America reported income of $97.1m and spending of $37.8m, leaving 61% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $30.9m to $97.1m (+214%), an average of +33% a year. The sharpest change came in the year to July 2023, when income rose by 130%. Over the whole period it spent 106% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cambridge in America sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include International Vaccine Institute ($96.6m), Center for Strategic and International Studies Inc ($98.8m) and Adventist Development and Relief Agency International ($96.4m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.1m (2.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $88.0m against liabilities of $4.1m, net assets of $83.9m. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| International Vaccine Institute | Republic of Korea | $96.6m |
| Center for Strategic and International Studies Inc | Washington | $98.8m |
| Adventist Development and Relief Agency International | Silver Spring | $96.4m |
| Brothers Brother Foundation | Pittsburgh | $99.4m |