Maryland · Nonprofit
LEXINGTON MARKET INC
LEXINGTON MARKET INC (Maryland) receives grants from 3 organizations whose IRS filings report $151,250 to it, the largest being T ROWE PRICE FOUNDATION ($75,000). 0 of them have funded it in more than one year.
- Revenue FY2022
- $6.0M
- Funders on record
- 3
- Grants received
- $151k
- Net assets
- $26M
What Lexington Market Inc does
Mission
To manage lexington market on behalf of the city of baltimore.
As stated on its FY2022 Form 990.
Programs
Vendor and merchant services - lexington market, inc. Manages and operates the market facilities located in baltimore city, maryland. Lexington market services more than 100 vendors, offering various types of foods, produce, and other goods. Lexington market provides affordable vending opportunities, particularly for independent, locally-owned businesses and regional farmers.
$2,915,669 spent$1,338,305 earned by the program85% of program spendingGarage and parking services - lexington market was designated by the city of baltimore as its agent and operator of two parking facilities near the lexington market building. Lexington market leases garage space and provides parking at a reduced rate to local businesses and patrons of the market.
$530,528 spent$1,316,068 earned by the program15% of program spending
The 2 programs described on its FY2021 Form 990, listed largest first by expense. Program spending in total: $3,446,197.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $15M to $35M (+132%).
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 3% · 2018 22% · 2019 19% · 2020 68% · 2021 72% · 2022 43%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 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.
Board chair
Colin Tarbert
Board chair
As listed on its FY2022 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $1k → $75k.
From the IRS filings of LEXINGTON MARKET 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
LEXINGTON MARKET INC leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 100% · 2020 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 LEXINGTON MARKET INC's grant income comes from Maryland funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Organizations like LEXINGTON MARKET 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
85%
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 2 related entities
- Baltimore Public Markets Corporation · exempt
- Lexington Market Qalicb LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for LEXINGTON MARKET 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.
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 LEXINGTON MARKET INC?
- LEXINGTON MARKET INC (Maryland) receives grants from 3 organizations whose IRS filings report $151,250 to it, the largest being T ROWE PRICE FOUNDATION ($75,000). 0 of them have funded it in more than one year.
- How many funders does LEXINGTON MARKET INC have?
- IRS filings report 3 organizations giving $151,250 in grants to LEXINGTON MARKET INC.
- Who is the largest funder of LEXINGTON MARKET INC?
- T ROWE PRICE FOUNDATION is the largest funder on record, with $75,000 in grants. The full list of funders is on this page.
- How can an organization like LEXINGTON MARKET 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 Lexington Market →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), 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