Cambridge Classical Academy

Analysis

Cambridge Classical Academy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2018, 8 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 Classical Academy reported income of $448k and spending of $606k, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $318k to $448k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cambridge Classical Academy sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Story District Inc ($448k), Millennial Debt Foundation ($448k) and Lufkin Christian Academy ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $189k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 5 employees.