Baltimore College Town Network Inc

Analysis

Baltimore College Town Network Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 College Town Network Inc reported income of $741k and spending of $899k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $741k (-36%), an average of -10% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baltimore College Town Network 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 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Society for Protestant Reformed Special Education ($741k), Prospect Hill Academy Charter School Foundation Inc ($741k) and Schaefferstown Mennonite High School Inc ($741k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% of the total. Compensation of current officers, directors and key employees was $103k (11% of expenses). Other salaries and wages came to $157k. At year end it held assets of $160k against liabilities of $0, net assets of $160k. It reported 4 employees.