Baltimore Leadership Development Organization Inc

Analysis

Baltimore Leadership Development Organization Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1983, 43 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 Leadership Development Organization Inc reported income of $1.1m and spending of $940k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $1.1m (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baltimore Leadership Development Organization Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include I-Adarp Inc ($1.1m), Elizabethton Boys & Girls Club ($1.1m) and Rocky Mountain Tissue Bank ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $225k (24% of expenses). Other salaries and wages came to $216k. At year end it held assets of $1.6m against liabilities of $205k, net assets of $1.4m. It reported 5 employees.