Maryland · Nonprofit
AMERICAN COMMUNITIES TRUST
AMERICAN COMMUNITIES TRUST (Maryland) receives grants from 9 organizations whose IRS filings report $852,857 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($236,500). 2 of them have funded it in more than one year.
- Revenue FY2024
- $1.7M
- Funders on record
- 9
- Grants received
- $853k
- Net assets
- $8.6M
What American Communities Trust does
Mission
To build strong, vibrant communities by partnering with nonprofit and for profit organizations to develop community investment strategies that have lasting social impact and create economic opportunity.
As stated on its FY2024 Form 990.
Programs
Baltimore pumphouse:the baltimore pumphouse is a multi-phased, $27m initiative to establish a small business town center in the heart of a severely distressed community that was once an epicenter of business and retail. The baltimore pumphouse has expanded to eight buildings (six of which are historic) (the "project") located at the corner of n. Wolfe andn. Gay streets, in baltimore's broadway east community (the "property").the project sponsor, American Communities Trust ("act"), is a non-profit community development partner specializing in creating inclusive economic development projects that bring growth and prosperity to low-income residents. The five buildings that constitute the baltimore pumphouse were built 125 years ago as the water pumping station for east baltimore.vacant since the 1990's, the condition of the buildings was so derelict that they became the perfect filming location for the wire. Key objectives of the project include eliminating four acres of blight from a severely distressed community, supporting minority and locally owned small businesses; local job creation; increasing opportunitiesfor commerce and the circulation of the dollar within the community;…
$1,010,462 spent$9,422 earned by the program95% of program spendingLast mile park:last mile park is a $6.3 million, one-mile public art and heritage eco-trail that will loop through amtrak's eight overpasses. Lying adjacent to the baltimore pumphouse, the trail lies between the north-of-the-tracks neighborhoods to the north and ebdi, eager park, and johns hopkins university to the south. The trail will take pedestrians on a tour of sculptural art, permanent artistic light installations, and green infrastructure while providing engaging information on the narratives and culture of east baltimore and its residents. Last mile park stitches together the northern and southern neighborhoods around the railroad track, promoting one unified community. The pilot site of last mile park opened in may 2022. Act received an additional award of $904,000 for the next site in 2024.
$53,182 spent5% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,063,644.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $2.4M to $5.4M (+128%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 65% · 2018 19% · 2019 24% · 2020 33% · 2021 86% · 2022 49% · 2023 94% · 2024 92%. Grants only. Government contracts and fees sit inside program revenue.
92% of AMERICAN COMMUNITIES TRUST’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Elaine Dipietro
Treasurer (thru 11/24) and interim CEO
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income rose $215k → $240k.
2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AMERICAN COMMUNITIES TRUST’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AMERICAN COMMUNITIES TRUST has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AMERICAN COMMUNITIES TRUST.
Largest funder’s share by year: 2017 77% · 2018 62% · 2019 86% · 2020 45% · 2021 50% · 2022 50% · 2023 90% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
29% of AMERICAN COMMUNITIES TRUST's funders are still giving 3 years after their first grant; 22% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
AMERICAN COMMUNITIES TRUST draws 81% of its grant income from funders outside Maryland, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $262k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AMERICAN COMMUNITIES TRUST runs a healthier operating margin than half of the 2,910 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024
Government funding AMERICAN COMMUNITIES TRUST receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.6M on record — $3.2M federal, $3.4M state.
- Department of Housing and Urban Development$3.2M
- Grant$2.6M
- Loan$750k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like AMERICAN COMMUNITIES TRUST
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- For a Wealthy Baltimore LLC · disregarded
- Baltimore Food Hub · exempt
- Healthy East Baltimore LLC · partnership
- Bfh Ll LLC · partnership
- Bfh Member LLC · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for AMERICAN COMMUNITIES TRUST: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AMERICAN COMMUNITIES TRUST?
- AMERICAN COMMUNITIES TRUST (Maryland) receives grants from 9 organizations whose IRS filings report $852,857 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($236,500). 2 of them have funded it in more than one year.
- How many funders does AMERICAN COMMUNITIES TRUST have?
- IRS filings report 9 organizations giving $852,857 in grants to AMERICAN COMMUNITIES TRUST, 2 of which have funded it in more than one year.
- Who is the largest funder of AMERICAN COMMUNITIES TRUST?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $236,500 in grants. The full list of funders is on this page.
- How can an organization like AMERICAN COMMUNITIES TRUST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing