Baltimore Tree Trust Inc

Analysis

Baltimore Tree Trust Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Baltimore Tree Trust Inc reported income of $2.8m and spending of $2.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.8m (+161%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Baltimore Tree Trust Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include East of Hudson Watershed Corporation ($2.8m), Truckee Donner Land Trust ($2.9m) and Potomac Conservancy Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $120k (4.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $768k against liabilities of $234k, net assets of $534k. It reported 51 employees.