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IGNITE CAPITAL INC

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Public nonprofit record

IGNITE CAPITAL INC

EIN 84-4893203

What they do

IGNITE CAPITAL is A SOCIAL IMPACT FUND WITH THE MISSION to 1) EMPOWER and RESOURCE BALTIMORE SOCIAL ENTERPRISES IN ECONOMICALLY DISTRESSED COMMUNITIES, 2) SUPPORT THE OVERALL EFFORTS of THESE SOCIAL ENTERPRISES to ATTRACT FUTURE INVESTMENTS IN SUPPORT of THEIR MISSION AND, 3) CONTRIBUTE to ONGOING EFFORTS IN ENSURING BALTIMORE NEIGHBORHOODS ARE THRIVING SUSTAINABLY.

Money

Financial picture

Tax year 2024
Revenue$765,308
Expenses$440,396
Assets$5,002,991
Income$765,308
Contributions$731,521
Grants given$425,928
Average grant$17,037
Management$23,107
Accounting fees$11,108

About this charity

Recognized since
January 2021
Location
1400 GREENMOUNT AVE B01, BALTIMORE, MD 21202
County
Baltimore (city)
In care of
JAY NWACHU
Primary officer
JAY NWACHU, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
UHY ADVISORS MID-ATLANTIC INC
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
21
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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