Baltimore International Seafarers Center Inc

Analysis

Baltimore International Seafarers Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Baltimore International Seafarers Center Inc reported income of $277k and spending of $240k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $277k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Baltimore International Seafarers Center Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Guruji Sangat Northern California ($277k), International Berean Ministries Inc ($277k) and Ekklesia Christian Center ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $64k. At year end it held assets of $751k against liabilities of $2,013, net assets of $749k. It reported 3 employees.