East Baltimore Development Inc
Only null% goes to programs Strong reserves Declining revenue
East Baltimore Development Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 2003, with $3,178,693 in FY2023 revenue. CharityIndex grades it B.
1812 Ashland Ave Ste 100l, Baltimore, MD, 21205 EIN 27-0037508 Since 2003
Revenue (FY2023)
$3.2M
▼ 63.0% vs prior year
Community median: $184K
Expenses (FY2023)
$3.4M
Net assets
$18.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 East Baltimore Development Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating63 mo reserves · -8% margin
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 East Baltimore Development Inc: 63 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 East Baltimore Development Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 East Baltimore Development Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1812 Ashland Ave Ste 100l, Baltimore, MD, 21205
- City
- Baltimore
- State
- Maryland
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue declined from $43.1M (FY2013) to $3.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $404KNet assets $18.1M
Operating margin
-7.9%
Spent more than it raised in the latest fiscal year.
Total assets
$18.5M
Total liabilities
$404K
Net assets
$18.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,178,693▼63.0% | $3,430,531▼2.3% | $18,073,240▲1.9% | $18,476,911▼1.1% | 990 |
| 2022 | $8,589,679▼71.6% | $3,511,989▼63.5% | $17,728,873▲40.1% | $18,690,336▲46.6% | 990 |
| 2021 | $30,262,944▲186% | $9,632,928▼25.6% | $12,651,183▲273% | $12,751,192▼78.6% | 990 |
| 2020 | $10,580,571▲22.6% | $12,952,744▲21.8% | -$7,302,050▼34.3% | $59,534,248▼1.3% | 990 |
| 2019 | $8,629,342▼7.7% | $10,637,769▼12.6% | -$5,435,244▼58.4% | $60,346,855▼7.5% | 990 |
| 2018 | $9,344,516▼30.3% | $12,175,240▼7.8% | -$3,432,252▼471% | $65,242,853▼0.1% | 990 |
| 2017 | $13,397,624▼73.9% | $13,210,747▼17.9% | -$601,528▲23.7% | $65,304,759▼3.3% | 990 |
| 2016 | $51,322,303▲45.3% | $16,097,748▼26.1% | -$788,405▲97.8% | $67,566,242▲3.8% | 990 |
| 2015 | $35,313,963▼28.7% | $21,788,024▼45.0% | -$36,012,960▲27.3% | $65,087,611▲5.1% | 990 |
| 2014 | $49,550,849▲14.8% | $39,636,417▼15.3% | -$49,538,899▲16.7% | $61,939,791▼28.6% | 990 |
| 2013 | $43,148,557 | $46,812,269▲20.0% | -$59,453,331▼6.6% | $86,757,233▼8.1% | 990 |
| 2012 | — | $39,003,438▼14.9% | -$55,789,619▼12.4% | $94,371,609▲3.7% | 990 |
| 2011 | — | $45,832,184▲12.3% | -$49,630,949▼0.4% | $90,980,013▲40.3% | 990 |
| 2010 | — | $40,819,899▼23.3% | -$49,411,056▼23.3% | $64,838,954▲47.0% | 990 |
| 2009 | — | $53,205,337 | -$40,077,197 | $44,096,719 | 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.
Grants received · $7.4M total
14 grants to East Baltimore Development Inc totaling $7.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Johns Hopkins University | Contribution | 2023 | $903,790 |
| Johns Hopkins University | Contribution | 2022 | $981,692 |
| Johns Hopkins University | Contributions | 2021 | $825,000 |
| Johns Hopkins University | Contributions | 2020 | $990,512 |
| Johns Hopkins University | Contribution | 2019 | $820,000 |
| Jewish Communal Fund | General support | 2019 | $15,000 |
| The Johns Hopkins Health System Corporation | Program support | 2019 | $9,300 |
| Johns Hopkins University | Contribution | 2018 | $485,197 |
| The Johns Hopkins Health System Corporation | Program support | 2018 | $16,670 |
| The Johns Hopkins Hospital | Community program support | 2018 | $10,752 |
| Johns Hopkins University | Contribution | 2017 | $928,000 |
| The Johns Hopkins Health System Corporation | Program support | 2017 | $27,468 |
| Johns Hopkins University | Contribution | 2016 | $1,235,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2014 | $142,158 |
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Frequently asked questions
- Is East Baltimore Development Inc a legitimate nonprofit?
- Yes. East Baltimore Development Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-0037508, based in Baltimore, Maryland. Donations are tax-deductible.
- What is East Baltimore Development Inc's EIN?
- East Baltimore Development Inc's Employer Identification Number (EIN) is 27-0037508.
- How much revenue does East Baltimore Development Inc report?
- East Baltimore Development Inc reported $3,178,693 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does East Baltimore Development Inc have?
- CharityIndex grades East Baltimore Development Inc B, based on financial health (reserves and operating margin).
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Data for East Baltimore Development Inc (EIN 27-0037508) 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.