Charity Search / CITY OF BALTIMORE DEVELOPMENT CORPORATION
Community Improvement (S310) 990 on File

CITY OF BALTIMORE DEVELOPMENT CORPORATION

EIN: 52-1744007 · BALTIMORE, MD 21201-3106 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 55/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$6.0M
Total Revenue
$11.5M
Total Expenses
$-10,382,768
Net Assets
56
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.7%
Fundraising Efficiency N/A
Operating Reserve -10.84x
Liability-to-Asset 135.8%
Revenue Diversification 72.8%
Executive Compensation $846K
Compared with Peers
FY 2023
Compared with 373 similar organizations (United States, Community Improvement, $10M–$100M in expenses), FY 2023.
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
82.7% 89.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
17.3% 8.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-10.8 mo 6.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
135.8% 41.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
72.8% 92.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-20.6% 7.4%
P10P90
Expense growth
Year over year expense growth
15.4% 11.2%
P10P90
Surplus margin
Surplus as a share of revenue
-90.7% 0.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $6.0M $11.5M $-10,382,768 82.7% 56
2022 $7.6M $10.0M $-4,918,909 82.9% 54
2021 $13.9M $25.5M N/A 51
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
52-1744007
State
MD
City
BALTIMORE
ZIP
21201-3106
Classification
S310
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search