Baltimore Cares Incorporated
Baltimore Cares Incorporated faces significant financial deficit in latest filing, with expenses exceeding revenue by over $150,000.
EIN: 208139136 · Baltimore, MD · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $408K |
| Program Spending | 80% |
| Net Assets | $-74,959 |
| Transparency Score | 65/100 |
Is Baltimore Cares Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Baltimore Cares Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Baltimore Cares Incorporated
Baltimore Cares Incorporated (EIN: 208139136) is a nonprofit organization based in Baltimore, MD, classified under NTEE code B90. The organization reported total revenue of $257K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baltimore Cares Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baltimore Cares Incorporated is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $408K |
| Surplus / Deficit | $-151,016 |
| Total Assets | $73K |
| Total Liabilities | $148K |
| Net Assets | $-74,959 |
| Operating Margin | -58.9% |
| Debt-to-Asset Ratio | 202.3% |
| Months of Reserves | 2.2 months |
Financial Health Grade: D
In 2024, Baltimore Cares Incorporated reported a deficit of $151K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 202.3% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Baltimore Cares Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -56.4% | -22.3% | -71.8% |
| 2023 | +11.6% | -3.8% | +29.3% |
| 2022 | +7.8% | +7.5% | +19.3% |
| 2021 | -21.3% | -9.2% | +25.1% |
| 2020 | +3.6% | -24.1% | +121.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baltimore Cares Incorporated with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Baltimore Cares Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $151K, with expenses exceeding revenue.
- Debt-to-asset ratio: 202.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean operational structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Baltimore Cares Incorporated's IRS 990 filings:
- Significant and recurring deficits, notably $151,016 in 202406 and $17,417 in 202206, indicating expenses frequently outpace revenue.
- Negative net asset position in the latest filing ($73,238 assets vs. $148,197 liabilities), raising concerns about solvency.
- Substantial decline in revenue from a peak of over $1 million in 2016 to $256,566 in 2024, suggesting potential challenges in fundraising or program funding.
- High volatility in assets and liabilities over the years, indicating inconsistent financial management or external funding reliance.
Strengths
The following positive indicators were identified for Baltimore Cares Incorporated:
- Consistent filing of IRS Form 990s for 14 periods, demonstrating strong regulatory compliance and transparency.
- 0% officer compensation reported across all filings, indicating a commitment to minimizing executive overhead and potentially maximizing funds for programs.
- Long operational history since at least 2015, suggesting resilience and established community presence.
- Focus on NTEE code B90 (Housing & Shelter) addresses critical community needs in Baltimore, MD.
Frequently Asked Questions about Baltimore Cares Incorporated
Is Baltimore Cares Incorporated a legitimate charity?
Baltimore Cares Incorporated (EIN: 208139136) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $257K. 4 red flags identified. 4 strengths noted. Financial health grade: D.
How does Baltimore Cares Incorporated spend its money?
Baltimore Cares Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Baltimore Cares Incorporated tax-deductible?
Baltimore Cares Incorporated is registered as a tax-exempt nonprofit (EIN: 208139136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Baltimore Cares Incorporated's spending goes to programs?
Baltimore Cares Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Baltimore Cares Incorporated compare to similar nonprofits?
With a transparency score of 65/100 (Good), Baltimore Cares Incorporated is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Baltimore Cares Incorporated located?
Baltimore Cares Incorporated is headquartered in Baltimore, Maryland and files with the IRS under EIN 208139136. It is classified under NTEE code B90.
How many years of IRS 990 filings does Baltimore Cares Incorporated have?
Baltimore Cares Incorporated has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $257K in total revenue.
Why did expenses significantly exceed revenue in the 2024 fiscal period?
In the 202406 period, Baltimore Cares Incorporated reported expenses of $407,582 against revenue of $256,566, resulting in a deficit of $151,016. This is a critical financial event that needs further investigation into the specific causes, such as unexpected costs, a decline in donations, or strategic investments.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation across all 14 filings suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, which is a notable operational model for an organization with revenues that have exceeded $1 million in the past.
What is the plan to address the increasing liabilities and decreasing assets?
The organization's liabilities have increased to $148,197 in 2024, while assets have dropped to $73,238. This indicates a negative net asset position. A clear strategy is needed to reduce liabilities and rebuild assets to ensure long-term financial viability.
What caused the significant revenue fluctuations over the past decade?
Revenue has fluctuated significantly, from a high of $1,014,924 in 2016 to a low of $256,566 in 2024. Understanding the drivers behind these large swings, such as grant cycles, fundraising success, or economic factors, is crucial for assessing financial stability.
Filing History
IRS 990 filing history for Baltimore Cares Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Baltimore Cares Incorporated's revenue has grown by 28.8%, moving from $199K to $257K. Total assets increased by 146.3% over the same period, from $30K to $73K. Total functional expenses rose by 140.5%, from $169K to $408K. In its most recent filing year (2024), Baltimore Cares Incorporated reported a deficit of $151K, with expenses exceeding revenue. The organization holds $148K in liabilities against $73K in assets (debt-to-asset ratio: 202.3%), resulting in net assets of $-74,959.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $257K | $408K | $73K | $148K | — | — |
| 2023 | $589K | $524K | $260K | $150K | — | View 990 |
| 2022 | $528K | $545K | $201K | $150K | — | View 990 |
| 2021 | $490K | $507K | $168K | $100K | — | — |
| 2020 | $622K | $558K | $135K | $47K | — | View 990 |
| 2019 | $601K | $736K | $61K | $37K | — | View 990 |
| 2018 | $358K | $362K | $226K | $31K | — | View 990 |
| 2017 | $725K | $783K | $221K | $54K | — | View 990 |
| 2016 | $1.0M | $971K | $278K | $54K | — | View 990 |
| 2015 | $988K | $960K | $244K | $74K | — | View 990 |
| 2014 | $711K | $675K | $144K | $0 | — | View 990 |
| 2013 | $521K | $480K | $112K | $6K | — | View 990 |
| 2012 | $350K | $307K | $87K | $0 | — | View 990 |
| 2011 | $199K | $169K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $257K, expenses of $408K, and assets of $73K (revenue -56.4% year-over-year).
- 2023: Revenue of $589K, expenses of $524K, and assets of $260K (revenue +11.6% year-over-year).
- 2022: Revenue of $528K, expenses of $545K, and assets of $201K (revenue +7.8% year-over-year).
- 2021: Revenue of $490K, expenses of $507K, and assets of $168K (revenue -21.3% year-over-year).
- 2020: Revenue of $622K, expenses of $558K, and assets of $135K (revenue +3.6% year-over-year).
- 2019: Revenue of $601K, expenses of $736K, and assets of $61K (revenue +67.6% year-over-year).
- 2018: Revenue of $358K, expenses of $362K, and assets of $226K (revenue -50.6% year-over-year).
- 2017: Revenue of $725K, expenses of $783K, and assets of $221K (revenue -28.6% year-over-year).
- 2016: Revenue of $1.0M, expenses of $971K, and assets of $278K (revenue +2.7% year-over-year).
- 2015: Revenue of $988K, expenses of $960K, and assets of $244K (revenue +39.0% year-over-year).
- 2014: Revenue of $711K, expenses of $675K, and assets of $144K (revenue +36.3% year-over-year).
- 2013: Revenue of $521K, expenses of $480K, and assets of $112K (revenue +48.8% year-over-year).
- 2012: Revenue of $350K, expenses of $307K, and assets of $87K (revenue +75.9% year-over-year).
- 2011: Revenue of $199K, expenses of $169K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baltimore Cares Incorporated:
Data Sources and Methodology
This transparency report for Baltimore Cares Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.