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North Carolina · Nonprofit

CHARLOTTE CITY MARKET

CHARLOTTE CITY MARKET (North Carolina) receives grants from 2 organizations whose IRS filings report $15,024 to it, the largest being Boucher Family Foundation ($15,000). 0 of them have funded it in more than one year.

Revenue FY2025
$737k
Funders on record
2
Grants received
$15k
Net assets
$909k
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Charlotte City Market does

Mission

The market at 7th street is a mission-based nonprofit that combines culinary and retail innovation, economic opportunity, and a sense of belonging. The market: 1) incubates new food and retail businesses, 2) supports economic mobility through entrepreneurship, and 3) builds community wellness, as a welcoming commons for all.

As stated on its FY2025 Form 990.

Programs

  1. The market reserves a percentage of spaces for early-stage, local entrepreneurs, chefs, retailers, and makers. The market provides below-market and scalable rents, marketing support, experiential education programs, access to resources, and mentorship support through the early stages of business development.

    $687,702 spent$447,914 earned by the program
    100% of program spending
  2. Many of the market's early entrepreneurs are who are qualified and under-capitalized owners that are launching their first businesses. The market supports them as they navigate the first years so they are strengthening all areas of their business.

  3. The market is the desired destination to develop innovative food and retail concepts and the authentic community gathering spot for all residents and visitors.

  4. The market launched its experiential education program, the hub for inclusivity, innovation, and entrepreneurship (hiive). Hiive has graduated over 60 small businesses through its 9-week curriculum focused on bolstering business fundamentals and helping align their small business with the business of center city.

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $687,702.

02The organization over time

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.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($490k) Net assets 100 ($1.2M)2018 Revenue 48 ($527k) Expenses 108 ($531k) Net assets 100 ($1.2M)2019 Revenue 43 ($467k) Expenses 100 ($488k) Net assets 98 ($1.1M)2020 Revenue 38 ($420k) Expenses 95 ($467k) Net assets 94 ($1.1M)2021 Revenue 40 ($437k) Expenses 110 ($537k) Net assets 85 ($987k)2022 Revenue 41 ($451k) Expenses 137 ($669k) Net assets 77 ($896k)2023 Revenue 61 ($666k) Expenses 140 ($684k) Net assets 85 ($990k)2024 Revenue 53 ($587k) Expenses 166 ($814k) Net assets 76 ($876k)2025 Revenue 67 ($737k) Expenses 167 ($816k) Net assets 79 ($909k)
'17'18'19'20'21'22'23'24'25
Revenue (67)Expenses (167)Net assets (79)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.2M to $1.0M (−15%).

$1.2M
$1.2M
$1.3M
$1.2M
$1.0M
$962k
$1.0M
$915k
$942k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 10% · 2018 11% · 2020 4% · 2021 6%. Grants only. Government contracts and fees sit inside program revenue.

39% of CHARLOTTE CITY MARKET’s revenue is contributions — about as donation-reliant as the typical peer (83% for the typical peer).

This organization
Typical peer · 14,932 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

$609k
’17
−$4k
’18
−$21k
’19
−$47k
’20
−$100k
’21
−$217k
’22
−$18k
’23
−$227k
’24
−$79k
’25
2.8
months of
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

Salem Suber

Executive director

Board chair

Blair Primis

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed101113141515161616
Joined·+1+5+3+3+1+4+4+4
No longer listed·03221344
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'26*
total
funders
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $646k from 2 payers (the payer shares this organization's board, largest Foundation for the Carolinas). These are real filings, and they are not money CHARLOTTE CITY MARKET raised.

From the IRS filings of CHARLOTTE CITY MARKET’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

CHARLOTTE CITY MARKET leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

“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.

Where its funders are

CHARLOTTE CITY MARKET draws 100% of its grant income from funders outside North Carolina, across 1 state in all.

CT

Funder states come from each funder’s own filing. $24 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

CHARLOTTE CITY MARKET's revenue fell 33% between 2017 and 2025.

Operating margin−11% · bottom quartile
Months of reserve2.8mo · below the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 8,464 health nonprofits $100k–$1M, FY2025

Organizations like CHARLOTTE CITY MARKET

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 North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 12%Fundraising 4%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

45%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for CHARLOTTE CITY MARKET: 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.

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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 CHARLOTTE CITY MARKET?
CHARLOTTE CITY MARKET (North Carolina) receives grants from 2 organizations whose IRS filings report $15,024 to it, the largest being Boucher Family Foundation ($15,000). 0 of them have funded it in more than one year.
How many funders does CHARLOTTE CITY MARKET have?
IRS filings report 2 organizations giving $15,024 in grants to CHARLOTTE CITY MARKET.
Who is the largest funder of CHARLOTTE CITY MARKET?
Boucher Family Foundation is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like CHARLOTTE CITY MARKET find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Charlotte City Market →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 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 22, 2026. What this page cannot tell you · view filing