DIGITAL HARBOR FOUNDATION INC

BALTIMORE, MD, 21230-4017 (443) 681-9384 Est. 2011 EIN 45-2536579
B82 - Scholarships & Student Financial Aid 990 - Public charity return 501(c)(3)
www.digitalharborfoundation.org

Mission

DEMOCRATIZING SOCIETAL AND ECONOMIC WELL-BEING THROUGH DIGITAL EQUITY FOR EVERYONE, INCREASED DIVERSITY IN THE TECH SECTOR, INNOVATIVE EDUCATION, AND TECHNOLOGY FOR THE PUBLIC GOOD

Giving Portfolio

Total Grants
32
Total Giving
$12.9M
Recipients
32
Years Active
2024
Avg grant: $402,532 Median: $200,000

Sectors Funded

International & Foreign Affairs
4
Education
3
Community Improvement
3
Human Services
2
Health Care
2
Civil Rights & Advocacy
2
Science & Technology
2
Unknown
1
and 2 more sectors

Top States

New York
7
District of Columbia
6
California
5
Massachusetts
3
Oregon
2
Michigan
2
Vermont
1
Illinois
1
and 5 more states

Grantee Size Profile

$1M - $5M
6
Over $50M
5
$5M - $10M
4
$10M - $50M
4
$500K - $1M
2

Top Grantees

Page 1 of 3
$1.8M
AMPLE CARBON PBC
CA
$1.3M
THE LEARNING AGENCY LLC
DC
$525K
$250K
$250K

Grants Awarded · 22 grants

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Financials

Total Revenue
$57,895,485
Total Expenses
$34,240,753
Net Assets
$54,076,619
73 employees 115 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
19.0 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 93.3%
Expenses ↑ 122.0%
Revenue Sources
Contributions 96.5% Earned revenue 1.3% Investment 2.2%
Expense Breakdown
Program 94.2% Management 5.8%

Officers & Trustees (25)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$57,895,485 ↑$34,240,753$54,076,619
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$29,943,885 ↑$15,424,409$30,427,050
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$17,938,048 ↑$8,570,258$15,907,574
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$6,011,466 ↑$3,907,578$6,539,784
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,632,088 ↑$1,391,127$730,471
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$1,383,157 ↑$1,165,277$489,510
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$762,451 $883,114$271,630

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EIN: 45-2536579 · Source: IRS Form 990 e-file data