Southwest Baltimore Charter School Inc

Analysis

Southwest Baltimore Charter School Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2005, 21 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, Southwest Baltimore Charter School Inc reported income of $8.8m and spending of $7.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $8.8m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Baltimore Charter 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 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Southlands Schools International ($8.8m), Stride Academy ($8.8m) and The York School ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $49k (0.6% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $4.3m against liabilities of $154k, net assets of $4.1m. It reported 73 employees.