Childrens Scholarship Fund Baltimore

Analysis

Childrens Scholarship Fund Baltimore is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1997, 29 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 2023, Childrens Scholarship Fund Baltimore reported income of $720k and spending of $775k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $753k to $720k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Scholarship Fund Baltimore sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Genesis Classical Academy Inc ($720k), Park Street Foundation ($720k) and Northland Mission Inc ($719k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $102k (13% of expenses). Other salaries and wages came to $60k. At year end it held assets of $1.1m against liabilities of $5,434, net assets of $1.1m. It reported 3 employees.