Baltimore Jewish Eldercare Foundation Inc

Analysis

Baltimore Jewish Eldercare Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Baltimore Jewish Eldercare Foundation Inc reported income of $552k and spending of $658k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $552k (+143%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 270%. Over the whole period it spent 153% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Baltimore Jewish Eldercare Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Upper Arlington Education Foundation ($551k), Best Beginnings ($552k) and Wyoming Delta Dental Foundation ($551k).

At year end it held assets of $10.9m against liabilities of $248k, net assets of $10.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.