Education Foundation of Baltimore County Public

Analysis

Education Foundation of Baltimore County Public is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Education Foundation of Baltimore County Public reported income of $399k and spending of $323k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $505k to $399k (-21%), an average of -7.5% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Foundation of Baltimore County Public sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Sewing Lab ($399k), Lake Travis Band Parents Inc ($399k) and Sheet Metal Workers Local Union 83 Joint Apprenticeship Trust Fund ($399k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.6m against liabilities of $180k, net assets of $1.4m.