Sixth Branch Inc

Analysis

Sixth Branch Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Sixth Branch Inc reported income of $504k and spending of $652k, spending 129% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $334k to $504k (+51%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sixth Branch Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Forestry-Conservation Communications Association Inc ($504k), Giles County Fire & Rescue Inc ($504k) and River Action Inc ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $37k (5.7% of expenses). Other salaries and wages came to $215k. At year end it held assets of $164k against liabilities of $12k, net assets of $152k. It reported 10 employees.