Cambridge Charitable Foundation
Cambridge Charitable Foundation maintains strong assets and reports zero officer compensation across all filings.
EIN: 201938332 · Cincinnati, OH · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.3M |
| Total Expenses | $6.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $49 |
| Net Assets | $49.3M |
| Transparency Score | 90/100 |
Is Cambridge Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cambridge Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cambridge Charitable Foundation
Cambridge Charitable Foundation (EIN: 201938332) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code T31. The organization reported total revenue of $12.3M and total assets of $51.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cambridge Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cambridge Charitable Foundation is a large nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $6.6M |
| Surplus / Deficit | $-2,196,808 |
| Total Assets | $49.3M |
| Net Assets | $49.3M |
| Operating Margin | -50.0% |
| Months of Reserves | 89.6 months |
Financial Health Grade: B
In 2023, Cambridge Charitable Foundation reported a deficit of $2.2M with expenses exceeding revenue, holds 89.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Cambridge Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.1% | -3.3% | +6.2% |
| 2022 | +68.8% | +40.1% | -9.6% |
| 2021 | -55.9% | -3.5% | +20.1% |
| 2020 | +122.6% | +9.1% | +4.0% |
| 2019 | -59.1% | +36.3% | +29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cambridge Charitable Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cambridge Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.2M, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all 14 available filings, which is highly unusual for an organization of this size with assets exceeding $49 million. This suggests either a fully volunteer-led executive team or that executive compensation is covered by an affiliated entity, which would warrant further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cambridge Charitable Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making precise efficiency analysis difficult.
- Consistent 0% officer compensation for an organization with over $49M in assets is highly unusual and might warrant further inquiry into how executive functions are compensated or managed.
Strengths
The following positive indicators were identified for Cambridge Charitable Foundation:
- Strong and growing asset base, reaching $49,260,763 in 2023.
- Zero reported liabilities across all 14 filings, indicating excellent financial health.
- Consistent reporting of 0% officer compensation, suggesting a high proportion of funds are directed to charitable purposes.
- Long and consistent filing history (14 filings), demonstrating good compliance and transparency.
- Significant annual expenses, indicating active deployment of funds towards its mission.
Frequently Asked Questions about Cambridge Charitable Foundation
Is Cambridge Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cambridge Charitable Foundation (EIN: 201938332) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Cambridge Charitable Foundation spend its money?
Cambridge Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cambridge Charitable Foundation tax-deductible?
Cambridge Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201938332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cambridge Charitable Foundation CEO make?
Cambridge Charitable Foundation's highest-compensated officer earns $49 annually. The organization reported $12.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Cambridge Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cambridge Charitable Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cambridge Charitable Foundation located?
Cambridge Charitable Foundation is headquartered in Cincinnati, Ohio and files with the IRS under EIN 201938332. It is classified under NTEE code T31.
How many years of IRS 990 filings does Cambridge Charitable Foundation have?
Cambridge Charitable Foundation has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.3M in total revenue.
Is Cambridge Charitable Foundation a good charity?
Based on the available data, the Cambridge Charitable Foundation appears to be a financially stable organization with a strong asset base and a notable commitment to directing funds towards its mission, as indicated by zero reported officer compensation. Its consistent filing history and lack of liabilities are positive indicators.
How does Cambridge Charitable Foundation manage its executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This is a significant positive for resource allocation, though it's unusual for an organization of its size and could imply that executive services are provided pro bono or through an unlisted affiliated entity.
What is the financial stability of Cambridge Charitable Foundation?
The foundation demonstrates strong financial stability, with assets consistently growing over time, reaching $49,260,763 in 2023, and reporting no liabilities across all available filings. This indicates a well-managed balance sheet.
Are there any concerns regarding the foundation's spending?
While the overall expenses are significant, and officer compensation is zero, a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data. This makes it difficult to precisely assess spending efficiency beyond the high-level figures.
Filing History
IRS 990 filing history for Cambridge Charitable Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Cambridge Charitable Foundation's revenue has grown by 80.5%, moving from $2.4M to $4.4M. Total assets increased by 261.2% over the same period, from $13.6M to $49.3M. Total functional expenses rose by 140.7%, from $2.7M to $6.6M. In its most recent filing year (2023), Cambridge Charitable Foundation reported a deficit of $2.2M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $6.6M | $49.3M | $0 | — | View 990 |
| 2022 | $6.8M | $6.8M | $46.4M | $0 | — | View 990 |
| 2021 | $4.0M | $4.9M | $51.3M | $0 | — | View 990 |
| 2020 | $9.1M | $5.0M | $42.7M | $0 | — | View 990 |
| 2019 | $4.1M | $4.6M | $41.1M | $0 | — | — |
| 2018 | $10.0M | $3.4M | $31.8M | $0 | — | View 990 |
| 2017 | $5.7M | $3.2M | $25.2M | $0 | — | View 990 |
| 2016 | $3.5M | $2.8M | $22.7M | $0 | — | View 990 |
| 2015 | $3.0M | $2.9M | $22.1M | $0 | — | View 990 |
| 2014 | $6.8M | $2.3M | $22.0M | $0 | — | View 990 |
| 2013 | $4.2M | $2.3M | $17.5M | $0 | — | View 990 |
| 2012 | $1.7M | $1.9M | $15.6M | $32K | — | View 990 |
| 2011 | $2.9M | $1.8M | $15.7M | $0 | — | View 990 |
| 2010 | $2.4M | $2.7M | $13.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $6.6M, and assets of $49.3M (revenue -35.1% year-over-year).
- 2022: Revenue of $6.8M, expenses of $6.8M, and assets of $46.4M (revenue +68.8% year-over-year).
- 2021: Revenue of $4.0M, expenses of $4.9M, and assets of $51.3M (revenue -55.9% year-over-year).
- 2020: Revenue of $9.1M, expenses of $5.0M, and assets of $42.7M (revenue +122.6% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.6M, and assets of $41.1M (revenue -59.1% year-over-year).
- 2018: Revenue of $10.0M, expenses of $3.4M, and assets of $31.8M (revenue +74.3% year-over-year).
- 2017: Revenue of $5.7M, expenses of $3.2M, and assets of $25.2M (revenue +64.8% year-over-year).
- 2016: Revenue of $3.5M, expenses of $2.8M, and assets of $22.7M (revenue +15.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $22.1M (revenue -56.1% year-over-year).
- 2014: Revenue of $6.8M, expenses of $2.3M, and assets of $22.0M (revenue +63.6% year-over-year).
- 2013: Revenue of $4.2M, expenses of $2.3M, and assets of $17.5M (revenue +145.4% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.9M, and assets of $15.6M (revenue -41.8% year-over-year).
- 2011: Revenue of $2.9M, expenses of $1.8M, and assets of $15.7M (revenue +20.0% year-over-year).
- 2010: Revenue of $2.4M, expenses of $2.7M, and assets of $13.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cambridge Charitable Foundation:
Data Sources and Methodology
This transparency report for Cambridge Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.