Baltimore Underground Science Space

Analysis

Baltimore Underground Science Space is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baltimore Underground Science Space reported income of $121k and spending of $130k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $121k (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 227%. 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, Baltimore Underground Science Space sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Applied Technology Foundation ($121k), The Northeastern Foundation ($121k) and Libertas Classical Community Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 16% of the total. Other salaries and wages came to $2,610. At year end it held assets of $51k against liabilities of $3,857, net assets of $47k. It reported 3 employees.