29th Street Community Center Inc

Analysis

29th Street Community Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 2020, 6 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 2024, 29th Street Community Center Inc reported income of $334k and spending of $345k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $1.1m to $334k (-69%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 61%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 29th Street Community Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Companions for Heroes ($334k), Awesome Life Academy NFP ($334k) and Children by Choice ($334k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $85k (25% of expenses). Other salaries and wages came to $95k. At year end it held assets of $906k against liabilities of $0, net assets of $906k. It reported 5 employees.