East Baltimore Historical Library

Analysis

East Baltimore Historical Library is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, East Baltimore Historical Library reported income of $80k and spending of $61k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $80k (+332%), an average of +332% a year. The sharpest change came in the year to December 2023, when income rose by 332%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Baltimore Historical Library sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Eight Mile Boulevard Association Inc ($80k), King for America Inc Non Profit Fai TH Based & Community Agencies ($80k) and Downtown Danville Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.