Baltimore Outreach Services Inc

Analysis

Baltimore Outreach Services Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Baltimore Outreach Services Inc reported income of $809k and spending of $1.0m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $641k to $809k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baltimore Outreach Services Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Multi-Agency Support Services ($809k), Asu Research Enterprise ($809k) and Fristers ($809k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $226k (23% of expenses). Other salaries and wages came to $408k. At year end it held assets of $1.4m against liabilities of $115k, net assets of $1.3m. It reported 28 employees.