Baltimore International Academy West Incorporated

Analysis

Baltimore International Academy West Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Baltimore International Academy West Incorporated reported income of $3.1m and spending of $3.3m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $3.1m (+102%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baltimore International Academy West Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Coefficient Giving Reserch ($3.1m), Robert C Parker School ($3.1m) and Texas Association of Private and Parochial Schools ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $568k (17% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of $40k. It reported 19 employees.

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.