Upsurge Baltimore Community

Analysis

Upsurge Baltimore Community is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Upsurge Baltimore Community reported income of $2.9m and spending of $2.1m, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.6m to $2.9m (+15%), an average of +15% a year. Over the whole period it spent 47% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Upsurge Baltimore Community sits at the 88th percentile: it is larger than about 88% 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 Union Diversified Industries Inc ($2.9m), Arrowhead West Endowment Association ($2.9m) and Cincinnati Reds Community Fund ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $769k. At year end it held assets of $3.1m against liabilities of $164k, net assets of $2.9m.