Education
(B200)
IRS Verified
DX Registered
990 on File
FRIENDS SCHOOL OF BALTIMORE INC
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Founded in 1784, Friends School of Baltimore provides a coeducational, college preparatory program guided by the Quaker values of truth, equality, simplicity, community, and peaceful resolution of conflict. By setting high standards of excellence for a diverse and caring community, Friends seeks to develop in each student the spiritual, intellectual, physical, and creative strengths to make a positive contribution to the world. Recognizing that there is that of God in each person, the School strives in all its programs, policies, and affairs to be an institution that exemplifies the ideals of the Religious Society of Friends.
Financial Overview — FY 2024
$38.4M
Total Revenue
$35.7M
Total Expenses
$85.8M
Net Assets
502
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.0%
Fundraising Efficiency
2739.8%
Operating Reserve
28.81x
Liability-to-Asset
21.3%
Revenue Diversification
78.2%
Executive Compensation
$503K
Compared with Peers
FY 2024
Compared with 1,943 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.0% | 84.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.5% | 13.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.5% | 0.7% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2739.8% | 550.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
28.8 mo | 10.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
21.3% | 31.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
78.2% | 88.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
12.7% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.4% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.9% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $38.4M | $35.7M | $85.8M | 85.0% | 502 |
| 2023 | $34.1M | $34.5M | $81.0M | 84.4% | 493 |
| 2022 | $34.8M | $33.5M | $78.7M | 85.5% | 474 |
| 2021 | $38.1M | $34.1M | N/A | — | 442 |
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