Benedictine Society of Baltimore City Inc

Analysis

Benedictine Society of Baltimore City Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benedictine Society of Baltimore City Inc reported income of $175k and spending of $109k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $162k to $175k (+8.0%), an average of +3.9% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Benedictine Society of Baltimore City Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Little League Baseball Inc ($175k), Shirley & Stefan Hatos Neuroscience Research Foundation ($175k) and Calvary International Baptist Ministry ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.9% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.