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Maryland · Nonprofit

FEDERAL HILL MAIN STREET INC

FEDERAL HILL MAIN STREET INC (Maryland) receives grants from 3 organizations whose IRS filings report $54,510 to it, the largest being BALTIMORE CIVIC FUND INC ($47,500). 1 of them have funded it in more than one year.

Revenue FY2025
$333k
Funders on record
3
Grants received
$55k
Net assets
$34k
1/3 repeat funderspeak grant-dependency 37%
01What it does

What Federal Hill Main Street Inc does

Mission

To organize and promote the south baltimore business district. To assist with reversing current negative trends in the neighborhood. To help rebuild the business base. To increase new jobs.

As stated on its FY2025 Form 990.

Programs

  1. Through advertising and promotion, the revitalized business district has grown and played a very important part of the neighborhood. More homes are being sold, the community has a direct interest in the growth of new business and home ownership. The community cares about volunteering and developing the neighborhood. Through festivals, many people are excited about the neighborhood, and new people are exposed to the development that has taken place within the business district.

    $288,138 spent
    100% of program spending
  2. Through advertising and promotion, the revitalized business district has grown and played a very important part of the neighborhood. More homes are being sold, the community has a direct interest in the growth of new business and home ownership. The community cares about volunteering and developing the neighborhood. Through festivals, many people are excited about the neighborhood, and new people are exposed to the development that has taken place within the business district.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $288,138.

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 ($134k) Expenses 100 ($148k) Net assets 100 ($58k)2019 Revenue 140 ($187k) Expenses 130 ($192k) Net assets 14 ($8k)2020 Revenue 130 ($173k) Expenses 127 ($187k) Net assets -9 ($-5482)2021 Revenue 175 ($234k) Expenses 147 ($217k) Net assets 19 ($11k)2022 Revenue 105 ($140k) Expenses 120 ($177k) Net assets -40 ($-23541)2023 Revenue 97 ($129k) Expenses 85 ($126k) Net assets -35 ($-20410)2024 Revenue 216 ($289k) Expenses 186 ($274k) Net assets -10 ($-5781)2025 Revenue 249 ($333k) Expenses 198 ($293k) Net assets 59 ($34k)
'17'19'20'21'22'23'24'25
Revenue (249)Expenses (198)Net assets (59)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 2022 to 2023, from $59k to $162k (+177%).

$138k
$95k
$98k
$128k
$59k
$162k
$77k
$116k
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 6% · 2021 80% · 2022 62% · 2023 66% · 2024 95% · 2025 95%. Grants only. Government contracts and fees sit inside program revenue.

95% of FEDERAL HILL MAIN STREET INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$14k
’17
−$5k
’19
−$14k
’20
$16k
’21
−$36k
’22
$3k
’23
$15k
’24
$40k
’25
4.8
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.

'17'19'20'21'22'23'24'25
Listed45653344
Joined··+3+0+3+0+3+0
No longer listed··215020
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $7k → $48k.

Funder
'19
'20
'21
'23
total
$48k
funders
1
1
1
1

1 of 3 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.

From the IRS filings of FEDERAL HILL MAIN STREET INC’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

FEDERAL HILL MAIN STREET INC leans on a few funders — its largest provides 87% 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% 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 FEDERAL HILL MAIN STREET INC.

87%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2023 100% — broadly stable.

“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

100% of FEDERAL HILL MAIN STREET INC's grant income comes from Maryland funders.

MD

In-state vs out-of-state, by year

’19
’23
Maryland out of state home

Funder states come from each funder’s own filing. $10 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

FEDERAL HILL MAIN STREET INC runs a healthier operating margin than half of the 7,175 community improvement nonprofits its size.

Operating margin12% · above the median
Months of reserve4.8mo · below the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Government funding FEDERAL HILL MAIN STREET INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $425k on record.

State$425k
21
24
Top programs
  • Grant$425k

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 FEDERAL HILL MAIN STREET INC

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

05Profile & governance

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

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

9
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

86%

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

Screen this organization

A dated, signed PDF of the compliance screen for FEDERAL HILL MAIN STREET INC: 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 FEDERAL HILL MAIN STREET INC?
FEDERAL HILL MAIN STREET INC (Maryland) receives grants from 3 organizations whose IRS filings report $54,510 to it, the largest being BALTIMORE CIVIC FUND INC ($47,500). 1 of them have funded it in more than one year.
How many funders does FEDERAL HILL MAIN STREET INC have?
IRS filings report 3 organizations giving $54,510 in grants to FEDERAL HILL MAIN STREET INC, 1 of which have funded it in more than one year.
Who is the largest funder of FEDERAL HILL MAIN STREET INC?
BALTIMORE CIVIC FUND INC is the largest funder on record, with $47,500 in grants. The full list of funders is on this page.
How can an organization like FEDERAL HILL MAIN STREET INC 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.

Play a game about who funds Federal Hill Main Street →

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 3 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