Maryland · Public charity
Innovation Works Inc
The corporation will develop sustainable neighborhood economies in depressed areas by: igniting interest in sustainable social enterprise, helping individuals transform challenges into opportunities, creating sustainable social enterprises, growing family wage jobs, and scaling local solutions to national markets. Training and developing…
- $8k
- Granted FY2023
- 1
- Itemized grants FY2023
- 1
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2023
- $5k
- The rest is grants the schedule does not break out
- Median grant, FY2023
- $5,000
- Largest grant, FY2023
- $5,000
- Organizations funded a year
- 1 to 3
- FY2021 to FY2023
- States reached, FY2023
- 1
- Total assets, FY2023
- $2.1M
How open it is to new grantees
In FY2023, 100% of the organizations Innovation Works Inc funded were first-time grantees, receiving 100% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 1 | $5k | 100% |
| FY2021 | 3 | $88k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2023.
Top grantees
Largest recipients by total granted, FY2021 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Infinite Focus Inc | $42,500 | 1 | n/a |
| Parity Baltimore Incorporated | $25,000 | 1 | 11% |
| Chill Station | $20,000 | 1 | n/a |
| Pennsylvania Avenue Black Arts and Entertainment District | $5,000 | 1 | 0% |
About Innovation Works Inc
- How much does Innovation Works Inc give?
- Innovation Works Inc reported 1 itemized grants totaling $5,000, out of $7,500 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 1 and 3 organizations a year over FY2021 to FY2023.
- What does Innovation Works Inc fund?
- By grant dollars over FY2021 to FY2023, its largest causes are Education (46%), Housing & Shelter (27%), Community Improvement (22%).
- Who are Innovation Works Inc's largest grantees?
- By total granted over FY2021 to FY2023: Infinite Focus Inc ($43k), Parity Baltimore Incorporated ($25k), Chill Station ($20k).
- Does Innovation Works Inc fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Where is Innovation Works Inc based?
- Innovation Works Inc is based in MD.
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