The First Tee of Baltimore Inc

Analysis

The First Tee of Baltimore Inc is a registered charity in United States, based in Cockeysville, MD. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 First Tee of Baltimore Inc reported income of $853k and spending of $837k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $853k (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The First Tee of Baltimore Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Decatur Parks Foundation ($853k), Champions for Life Inc ($854k) and North Carolina Independent School Athletic Association Inc ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.4% of the total. Other salaries and wages came to $357k. At year end it held assets of $1.9m against liabilities of $10k, net assets of $1.9m. It reported 7 employees.