Baltimore Sports Tourism Development Council Inc

Analysis

Baltimore Sports Tourism Development Council Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Sports Tourism Development Council Inc reported income of $3.9m and spending of $4.7m, spending 120% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $2.9m to $3.9m (+36%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Baltimore Sports Tourism Development Council Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Pogo Park ($3.9m), Park of East Texas Inc ($3.9m) and Benton-Franklin- Fair Association ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $668k against liabilities of $68k, net assets of $599k.