Cambiar Education

Analysis

Cambiar Education is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2016, 10 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 December 2023, Cambiar Education reported income of $31.7m and spending of $27.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $31.7m (+847%), an average of +75% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cambiar Education sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Kipp Team and Family Schools Inc ($31.7m), University of the Nations Kona Inc ($31.7m) and Georgia Advanced Technology Ventures Inc ($31.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $502k (1.9% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $31.6m against liabilities of $1.7m, net assets of $29.9m. It reported 85 employees.