IGNITE CAPITAL IS A SOCIAL IMPACT FUND WITH THE MISSION TO 1) EMPOWER AND RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITITES, 2)SUPPORT THE OVERALL EFFORTS OF THESE SOCIAL ENTERPRISES TO ATTRACT FUTURE INVESTMENTS IN SUPPORT OF THEIR MISSION AND, 3) CONTRIBUTE TO ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2024 | 7 | $36K | $5K | 7 | 0 |
| 2023 | 5 | $74K | $15K | 4 | 1 |
| 2022 | 4 | $58K | $15K | 3 | 1 |
| 2021 | 7 | $240K | $34K | 7 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025 | $765,308 ↑ | $440,396 | $372,026 |
| 2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023 | $263,432 ↓ | $326,646 | $139,794 |
| 2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022 | $317,895 ↓ | $209,587 | $203,008 |
| 2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021 | $387,747 | $306,945 | $94,700 |
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