The Baltimore Station Inc

Analysis

The Baltimore Station Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1990, 36 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, The Baltimore Station Inc reported income of $2.4m and spending of $4.0m, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $2.4m (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Baltimore Station Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Crossroads Behavioral Health Services ($2.4m), Ohio Coalition for the Education of Children with Disabilities ($2.4m) and Catholic Charities Foundation of the Archdiocese of Washington ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $120k (3.0% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.1m against liabilities of $544k, net assets of $4.6m. It reported 50 employees.