Cambridge House for Inner Peace Inc

Analysis

Cambridge House for Inner Peace Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cambridge House for Inner Peace Inc reported income of $325k and spending of $234k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $325k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cambridge House for Inner Peace Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include National Laboratory for Education Transformation ($324k), Meditation Center of Texas ($325k) and Time for Christ Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $130k (55% of expenses). Other salaries and wages came to $46k. At year end it held assets of $319k against liabilities of $0, net assets of $319k. It reported 3 employees.