Eastern Market Corporatioin is a 501(c)(3) organization based in Detroit, Michigan, registered in 2003, with $6,796,753 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$6.8M
▼ 16.5% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$6.3M
Net assets
$13.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Eastern Market Corporatioin— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Eastern Market Corporatioin: 26 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Eastern Market Corporatioin— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Eastern Market Corporatioin: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $5.9M (FY2014) to $6.8M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.4M
Total liabilities
$568K
Net assets
$13.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,796,753▼16.5% | $6,341,600▲14.4% | $13,864,555▲4.8% | $14,432,831▲0.4% | 990 |
| 2023 | $8,142,117▲67.2% | $5,545,331▼8.0% | $13,229,933▲24.4% | $14,377,658▲31.4% | 990 |
| 2022 | $4,869,009▼14.0% | $6,029,449▼0.3% | $10,633,147▼9.8% | $10,937,880▼12.7% | 990 |
| 2021 | $5,663,087▲8.2% | $6,049,081▲17.0% | $11,793,587▼5.6% | $12,535,453▼7.3% | 990 |
| 2020 | $5,232,289▼46.2% | $5,170,015▼27.1% | $12,488,233▲11.3% | $13,522,982▲13.2% | 990 |
| 2018 | $9,720,478▲101% | $7,091,073▲17.0% | $11,219,699▲30.6% | $11,948,347▲24.4% | 990 |
| 2017 | $4,835,515▼24.2% | $6,061,333▲6.6% | $8,590,294▼12.5% | $9,606,364▼8.5% | 990 |
| 2016 | $6,378,947▲2.6% | $5,687,857▲2.8% | $9,816,112▼2.2% | $10,503,492▼5.6% | 990 |
| 2015 | $6,220,237▲4.9% | $5,533,510▲17.9% | $10,039,731▲7.3% | $11,126,711▼3.5% | 990 |
| 2014 | $5,927,757 | $4,694,583 | $9,353,004 | $11,535,536 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
41 grants to Eastern Market Corporatioin totaling $3.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Food, agriculture & nutrition | 2024 | $243,000 |
| Community Foundation For Southeast Michigan | Food, agriculture & nutrition | 2023 | $204,250 |
| Nature Conservancy | Conservation activities | 2023 | $65,000 |
| Community Foundation For Southeast Michigan | Food, agriculture & nutrition program/general operations | 2022 | $153,000 |
| Nature Conservancy | Conservation activities | 2022 | $85,000 |
| Nature Conservancy | Conservation activities | 2021 | $150,000 |
| Community Foundation For Southeast Michigan | Technical assistance and learning for food-based entrepreneurs and small businesses in eastern market | 2021 | $150,000 |
| Community Foundation For Southeast Michigan | Supplies and infrastructure improvements | 2021 | $50,000 |
| The Miami Foundation Inc | Program support | 2021 | $18,050 |
| The Chicago Community Trust | To support creating greater opportunities for disenfranchised communities, flash frozen product line sourcing from bipoc, regional orchards, and metro accelerator | 2020 | $200,000 |
| Community Foundation For Southeast Michigan | Small business rent relief | 2020 | $122,000 |
| The Miami Foundation Inc | Program support | 2020 | $56,925 |
| American Heart Association Inc | Nutrition programs | 2020 | $31,669 |
| Community Foundation For Southeast Michigan | General operations and supporting mission | 2020 | $22,551 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $10,100 |
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Data for Eastern Market Corporatioin (EIN 32-0030432) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.