Baltimore City Community College Foundation Incorporated

Analysis

Baltimore City Community College Foundation Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Baltimore City Community College Foundation Incorporated reported income of $73k and spending of $75k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $413k to $73k (-82%), an average of -35% a year. The sharpest change came in the year to June 2023, when income dropped by 83%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Baltimore City Community College Foundation Incorporated sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Anahuac Isd Education Foundation Inc ($73k), St Georges Episcopal School Endowment Fund ($73k) and United Way of Franklin County ($73k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $1.6m against liabilities of $107k, net assets of $1.5m.