Baltimore Cares Incorporated

Analysis

Baltimore Cares Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Baltimore Cares Incorporated reported income of $257k and spending of $408k, spending 159% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $622k to $257k (-59%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 56%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baltimore Cares Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Strategic Twin-Counties Education Partnership ($257k), Society of American Indian Dentistinc ($257k) and Orange County Gang Reduction and Intervention Partnership ($257k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $112k (28% of expenses). Other salaries and wages came to $68k. At year end it held assets of $73k against liabilities of $148k, net assets of -$75k. It reported 7 employees.