Blue Water Baltimore

Analysis

Blue Water Baltimore is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blue Water Baltimore reported income of $3.0m and spending of $3.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.0m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Blue Water Baltimore sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Malama Kauai ($3.0m), Association to Preserve Cape Cod Inc ($3.0m) and Denver Urban Gardens ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $128k (4.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.1m against liabilities of $396k, net assets of $1.7m. It reported 37 employees.