Rebuilding Together Baltimore Inc

Analysis

Rebuilding Together Baltimore Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Rebuilding Together Baltimore Inc reported income of $1.1m and spending of $1.5m, spending 144% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $676k to $1.1m (+58%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 214%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebuilding Together Baltimore Inc sits at the 73rd percentile: it is larger than about 73% 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 St Lukes Apartments Inc ($1.1m), Little City for Community Development ($1.1m) and Cornerstones Housing Corporation ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (6.2% of expenses). Other salaries and wages came to $253k. At year end it held assets of $1.7m against liabilities of $163k, net assets of $1.5m. It reported 5 employees.