Cambridge Foundation

Analysis

Cambridge Foundation is a registered charity in United States, based in Cambridge, WI. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Cambridge Foundation reported income of $471k and spending of $169k, leaving 64% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $164k to $471k (+187%), an average of +30% a year. The sharpest change came in the year to May 2023, when income rose by 114%. Over the whole period it spent 55% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cambridge Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Central Texas Youth Rodeo Assn ($471k), East Grand Rapids Aquatics ($471k) and Northern Athletics Conference Inc ($471k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.