Baltimore Rescue Mission Inc

Analysis

Baltimore Rescue Mission Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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, Baltimore Rescue Mission Inc reported income of $897k and spending of $778k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $709k to $897k (+27%), an average of +6.1% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baltimore Rescue Mission Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Arts and Humanities Council of Tuscaloosa County Inc ($897k), Lifeway Network Inc ($898k) and Farmers Legal Action Group Inc ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $178k (23% of expenses). Other salaries and wages came to $248k. At year end it held assets of $1.4m against liabilities of $105, net assets of $1.4m. It reported 30 employees.