Elev8 Baltimore Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 2019, with $7,125,239 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$7.1M
▲ 10.9% vs prior year
Education median: $200K
Expenses (FY2023)
$7.4M
Net assets
$2.4M
Employees
—
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 Elev8 Baltimore 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 Elev8 Baltimore Inc: 4 mo reserves · -3% margin earns a B+ 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 Elev8 Baltimore 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 Elev8 Baltimore Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $707K (FY2019) to $7.1M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$1.7M
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,125,239▲10.9% | $7,366,421▲47.4% | $2,401,067▼9.1% | $4,081,456▲37.0% | 990 |
| 2022 | $6,422,865▲49.4% | $4,996,273▲52.0% | $2,642,249▲117% | $2,979,447▲79.9% | 990 |
| 2021 | $4,298,224▲320% | $3,285,947▲301% | $1,215,657▲498% | $1,656,385▲528% | 990 |
| 2020 | $1,022,479▲44.5% | $819,099▲15.8% | $203,380 | $263,714▲310% | 990 |
| 2019 | $707,499 | $707,499 | $0 | $64,283 | 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.
17 grants to Elev8 Baltimore Inc totaling $866K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2024 | $97,500 |
| AARP Foundation | Grant to support aarp foundation's experience corps program | 2024 | $43,127 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2024 | $21,539 |
| Baltimore Community Foundation Inc | General support and various projects | 2024 | $14,738 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2023 | $52,639 |
| Baltimore Community Foundation Inc | General support and various projects | 2023 | $29,205 |
| AARP Foundation | Grant to support aarp foundation's experience corps program | 2023 | $9,825 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2023 | $5,956 |
| AARP Foundation | Grant to support aarp foundation's experience corps program | 2022 | $300,000 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2022 | $71,540 |
| National Philanthropic Tr | Education | 2022 | $25,000 |
| The United Way of Central Maryland Inc | Designated and or granted in support of agency programs | 2022 | $24,945 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| Associated Jewish Charities of Baltimore | General support | 2022 | $10,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2021 | $65,000 |
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Data for Elev8 Baltimore Inc (EIN 46-0889783) 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.