Chesapeake Bay Outward Bound School Inc

Analysis

Chesapeake Bay Outward Bound School Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Chesapeake Bay Outward Bound School Inc reported income of $2.5m and spending of $4.4m, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $2.5m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chesapeake Bay Outward Bound School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Manatee County Girls Club Inc ($2.5m), Camp Kudzu Inc ($2.5m) and Texas Hindu Campsite Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $157k (3.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $12.9m against liabilities of $445k, net assets of $12.5m. It reported 91 employees.