Downtown Partnership of Baltimore Foundation Inc

Analysis

Downtown Partnership of Baltimore Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1995, 31 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Downtown Partnership of Baltimore Foundation Inc reported income of $142k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $254k to $142k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Downtown Partnership of Baltimore Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Sovereign Military Hospitaller Knights of the Imperial Orders Inc ($142k), Voluntas Dei USA Inc ($142k) and West Islip Breast Cancer Coalition for Long Island Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $525k against liabilities of $379k, net assets of $146k.