Broken Wall Project

Analysis

Broken Wall Project is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1963, 63 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, Broken Wall Project reported income of $215k and spending of $249k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $288k to $215k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broken Wall Project sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Bucks County Symphony Society ($215k), The Healthcare Council Inc ($215k) and Historic Tuscaloosa Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (9.6% of expenses). Other salaries and wages came to $81k. At year end it held assets of $117k against liabilities of $0, net assets of $117k. It reported 2 employees.