Baltimore Research & Education Foundation Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1992, with $7,666,542 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$7.7M
▼ 5.1% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$5.3M
Net assets
$15.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Baltimore Research & Education Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Baltimore Research & Education Foundation Inc: 35 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Baltimore Research & Education Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Baltimore Research & Education Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.0M (FY2013) to $7.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
31.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$26.1M
Total liabilities
$10.8M
Net assets
$15.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,666,542▼5.1% | $5,275,077▼3.2% | $15,378,249▲18.4% | $26,146,783▼14.5% | 990 |
| 2023 | $8,077,739▲15.5% | $5,449,045▲16.9% | $12,987,462▲25.8% | $30,576,393▲7.5% | 990 |
| 2022 | $6,994,061▼18.2% | $4,659,379▼17.8% | $10,325,461▲30.2% | $28,445,572▲9.3% | 990 |
| 2021 | $8,554,401▲73.1% | $5,665,032▲39.8% | $7,933,433▲56.8% | $26,029,306▲8.5% | 990 |
| 2020 | $4,940,925▲64.5% | $4,052,194▲53.8% | $5,059,426▲20.0% | $23,993,863▲13.8% | 990 |
| 2019 | $3,003,382▼2.7% | $2,634,190▲10.2% | $4,216,079▲11.6% | $21,079,955▲32.7% | 990 |
| 2018 | $3,085,959▲38.8% | $2,391,281▼7.3% | $3,777,592▲22.6% | $15,885,401▲26.1% | 990 |
| 2017 | $2,224,059▼0.7% | $2,580,747▲12.9% | $3,080,585▼11.3% | $12,597,095▼9.9% | 990 |
| 2016 | $2,239,836▼7.4% | $2,285,059▼0.8% | $3,473,946▼2.6% | $13,977,693▲15.8% | 990 |
| 2015 | $2,419,822▲5.7% | $2,302,504▼9.1% | $3,565,432▲3.4% | $12,073,191▲34.0% | 990 |
| 2014 | $2,289,854▼24.8% | $2,533,748▼9.9% | $3,448,114▼6.6% | $9,012,412▼10.1% | 990 |
| 2013 | $3,046,175 | $2,810,840 | $3,692,008 | $10,022,680 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
15 grants to Baltimore Research & Education Foundation Inc totaling $1.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Johns Hopkins University | Sub-award | 2023 | $258,480 |
| Prostate Cancer Foundation | Cancer research | 2023 | $250,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $25,000 |
| Johns Hopkins University | Sub-award | 2022 | $236,045 |
| Prostate Cancer Foundation | Cancer research | 2021 | $250,000 |
| Trustees of Columbia University | Research | 2021 | $9,048 |
| Mayo Clinic Group Return | Support charitable programs | 2020 | $12,750 |
| Mayo Clinic Group Return | Support charitable programs | 2019 | $12,850 |
| Yale University | Subaward - sponsored research | 2019 | $6,750 |
| Mayo Clinic Group Return | Support charitable programs | 2018 | $21,550 |
| Mayo Clinic Group Return | Support charitable programs | 2017 | $13,090 |
| Yale University | Subaward - sponsored research | 2016 | $73,719 |
| Yale University | Subaward - sponsored research | 2015 | $54,767 |
| National Multiple Sclerosis Society | Research grant | 2014 | $276,634 |
| Yale University | Subaward - sponsored research | 2014 | $91,263 |
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Data for Baltimore Research & Education Foundation Inc (EIN 52-1705976) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.