Gates Cambridge TR

Analysis

Gates Cambridge TR is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending July 2023, Gates Cambridge TR reported income of $16.5m and spending of $14.7m, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $12k to $16.5m (+135253%), an average of +507% a year. The sharpest change came in the year to July 2020, when income rose by 112225%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gates Cambridge TR 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 97th percentile. Charities of a similar size with the same main cause include Legal Services of Long Island Inc ($16.5m), Hills Insurance Company Inc ($16.5m) and Liberty Christian Academy ($16.5m).

Compensation of current officers, directors and key employees was $233k (1.6% of expenses). Other salaries and wages came to $345k. At year end it held assets of $445.3m against liabilities of $16.4m, net assets of $428.9m. It reported 7 employees.