Baltimore Connect

Analysis

Baltimore Connect is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baltimore Connect reported income of $273k and spending of $71k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $273k (+288%), an average of +288% a year. The sharpest change came in the year to December 2023, when income rose by 288%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baltimore Connect sits at the 54th percentile: it is larger than about 54% 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 Metro Smart Cities Inc ($273k), South Highland Adult Day Care Ctr ($273k) and Global Oved Dei Seminary & University Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $406k against liabilities of $17k, net assets of $389k.