BALTIMORE DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in BALTIMORE, MD. Its most recent IRS filing (2025) reports revenue of $10.5M, expenses of $9.5M, total assets of $34.8M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $190K.
THE BALTIMORE DEVELOPMENT CORPORATION (BDC) IS A NON-PROFIT ORGANIZATION THAT SERVES AS THE ECONOMIC DEVELOPMENT AGENCY FOR THE CITY OF BALTIMORE. BDC'S MISSION IS TO GROW THE CITY'S ECONOMY IN AN INCLUSIVE, EQUITABLE MANNER BY RETAINING, EXPANDING, AND ATTRACTING BUSINESSES, AND BY PROMOTING STRATEGIC INVESTMENT THAT INCREASES CAREER AND WEALTH-BUILDING OPPORTUNITIES FOR RESIDENTS.
How Baltimore Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 9 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $10.5M | $9.5M | $34.8M |
| 2024 | $2.6M | $9.9M | $30.6M |
| 2023 | $6.0M | $11.5M | $29.0M |
| 2022 | $7.6M | $10.0M | $34.4M |
| 2021 | $13.9M | $25.5M | $22.1M |
Between 2021 and 2025, reported annual revenue declined from $13.9M to $10.5M (-24%), with total assets most recently reported at $34.8M.
Interactive year-over-year charts and full filing details available with membership.
