Baltimore Community Foundation Inc
11 East Mount Royal Avenue 2nd Floo, Baltimore, MD · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $60,559,630 | $37,455,302 | $297,442,189 |
| FY2023 | $35,049,394 | $32,511,493 | $262,563,172 |
| FY2022 | $31,460,841 | $39,425,464 | $235,224,837 |
| FY2021 | $73,158,770 | $31,449,704 | $284,966,177 |
| FY2020 | $42,038,728 | $32,205,432 | $226,551,525 |
| FY2019 | $36,205,782 | $21,252,202 | $197,153,472 |
| FY2018 | $34,854,199 | $21,959,132 | $159,688,412 |
| FY2017 | $33,557,127 | $26,737,821 | $160,236,474 |
| FY2016 | $27,234,092 | $29,684,832 | $142,013,472 |
| FY2015 | $39,326,605 | $28,934,409 | $140,907,322 |
| FY2014 | $36,730,099 | $25,022,420 | $138,218,194 |
| FY2013 | $29,177,551 | $24,828,442 | $129,195,454 |
| FY2012 | $27,576,730 | $27,551,823 | $117,040,323 |
| FY2011 | $27,992,205 | $28,535,170 | $110,573,313 |
Form 990 filings
The returns filed by Baltimore Community Foundation Inc (EIN 23-7180620), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $42,386,275 | 70% |
| Program service revenue | $0 | 0% |
| Other revenue | $18,173,355 | 30% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $32,926,924 | 88% |
| Management & general | $3,548,033 | 9% |
| Fundraising | $980,345 | 3% |
What the numbers show
- Contributions & grants made up 70% of total revenue in FY2024.
- Program services accounted for 88% of functional expenses, management & general 9%, and fundraising 3%.
- 88% of functional expenses went to program services in FY2024. That is higher than 43.4% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in MD for a state comparison).
- Net assets covered about 95.3 months of expenses at the end of the reporting year. That puts it in the 47th percentile among 1154 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MD.
- Total revenue was higher than 99.2% of 1194 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MD.
- Total revenue rose from $27,992,205 in FY2011 to $60,559,630 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2011, FY2016, FY2022).
- The highest revenue on record here is $73,158,770 in FY2021.
- Net assets grew from $110,573,313 to $297,442,189 between FY2011 and FY2024.
- Contributions and grants made up 87% of revenue in FY2011 and 70% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
BALTIMORE COMMUNITY FOUNDATION'S MISSION IS TO INSPIRE DONORS TO ACHIEVE THEIR CHARITABLE GOALS.
IRS status
| Ruling year | 1972 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations (in MD) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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