Charm City Care Connection Inc

Analysis

Charm City Care Connection Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Charm City Care Connection Inc reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $709k to $1.6m (+132%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 772%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charm City Care Connection Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Miles for Migraine ($1.6m), Saddle Up ($1.6m) and Valley Health Care Corp ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $111k (6.3% of expenses). Other salaries and wages came to $645k. At year end it held assets of $1.1m against liabilities of $150k, net assets of $904k. It reported 17 employees.