Baltimore Design School Inc

Analysis

Baltimore Design School Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Baltimore Design School Inc reported income of $2.5m and spending of $2.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.5m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baltimore Design School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Friends of Canaan Inc ($2.5m), Togethered Inc ($2.5m) and Liberty Classical Schools Educational Services Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $188k. At year end it held assets of $21.5m against liabilities of $18.8m, net assets of $2.7m. It reported 14 employees.