Baltimore City College Scholarship Funds Inc

Analysis

Baltimore City College Scholarship Funds Inc is a registered charity in United States, based in Hunt Valley, MD. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, Baltimore City College Scholarship Funds Inc reported income of $440k and spending of $158k, leaving 64% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income fell from $693k to $440k (-37%), an average of -20% a year. The sharpest change came in the year to October 2023, when income rose by 185%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baltimore City College Scholarship Funds Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include International Student Foundation ($440k), Area 58 Community Access Media Inc ($440k) and Appalachian Leadership & Education Foundation ($440k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.