· Public charity
Rural Economic Development Center Inc
We champion rural north carolina by investing in people, communities and potentialand envision a rural north carolina where every rural voice matters and every ruralcommunity thrives.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.
Where the money goes
Grants by size, and the largest recipients.
By grant size · FY2025
- $10k–50k22 grants · $293k
- $50k–250k3 grants · $363k
- $250k+1 grant · $1.8M
| Recipient | Amount |
|---|---|
| NORTH CAROLINA STATE UNIVERSITY SMALL BUSINESS AND TECHNOLOGY DEVELOPMENT C | $1,826,647 |
| MDC INC | $218,412 |
| COOPERATIVE BAPTIST FELLOWSHIP | $95,000 |
| BLACKBURNS CHAPEL UMC | $50,000 |
| FIRST UMC (FRANKLIN) | $30,000 |
| CALVARY PRESBYTERIAN CHURCH | $30,000 |
| BETHESDA UMC | $30,000 |
| FIRST UMC (MURPHY) | $20,000 |
| FIRST UNITED METHODIST CHURCH | $13,401 |
| PLANK CHAPEL UMC | $10,000 |
| ABUNDANT LIFE MIRACLE CENTER | $10,000 |
| FAIRVIEW UMC | $10,000 |
| SHARON MISSIONARY BAPTIST CHURCH | $10,000 |
| BLUESTONE MISSIONARY BAPTIST CHURCH | $10,000 |
| LC GRAVES MEMORIAL PRESBYTERIAN | $10,000 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Its human-services grants (FY23–25, $1.7M) land where the poverty rate runs at 9%, against an area that typically sits at 11%. 1% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.
How this is measured
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
Grantees it renews have grown median revenue +12% since the first grant, against -1% for those funded once.
6 repeat relationships: 0 still active in FY2025, 6 since wound down; 26 grantees were first funded in FY2025 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 0% of grant dollars renewed an existing relationship; $2.5M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
- PCPARTNER COMMUNITY CAPITAL INC2× · 2023–2024 · $975k · revenue +23%
- CCCAROLINA COMMUNITY IMPACT INC2× · 2023–2024 · $665k · revenue +12% · 31% of their budget
- BEBusiness Expansion Funding Corp2× · 2023–2024 · $550k · revenue +5%
Funded once
- ICINSTITUTE CAPITAL INCone grant, 2023 · $775k · revenue -47%
- MBMOUNTAIN BIZCAPITAL INCgraduatedone grant, 2023 · $736k · revenue +57%
Carolina Small Business Development Fundone grant, 2024 · $400k · revenue -1%
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
Closest unfunded matches
The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.
To increase small business lending by providing appalachian member institutions that serve underserved people and communities with new sources of capital.
Adc is a nonprofit organization formed to further the economic development of south carolina by providing multiple financing options to qualified small businesses.
Our mission is to facilitate the investment of capital in south carolina in order to improve the quality of life for all her citizens by providing responsible and affordable financial products and services that are a major catalyst for…
First Community Capital, Inc. (FCCI) is a certified Community Development Financial Institution (CDFI) dedicated to expanding access to affordable capital and technical assistance for small businesses and individuals, with a focus on low-…
The specific objectives and purposes of this corporation shall be to assist individuals and communities, particularly those in low-income and socially disadvantaged areas, in the creation, expansion, and improvement of rural and…
Acc capital is a private nonprofit financial leader on a mission for economic change. we are dedicated to empowering entrepreneurs and uplifting communities with accessible loans, resources, and over 68 years of experience.
Creating economic opportunities in distressed rural communities.
To promote both small business and personal growth, productiveness and well being through loans, peer counseling, education, information, and other advocacy programs throughout cumberland county, north carolina.
To serve the state, member counties, municipalities and local community with job growth, employee training, and community development, planning services and economic development support.
North carolina community development initiative is a statewide public- private partnership that provides leadership and capital investment to high-performance community development corporations (cdcs) as well as other comminity based…
To provide assistance to small businesses
To provide financial assistance to small businesses. the organization is primarily involved in economic development lending activities providing state loan guarantees to bank and non-bank lenders through the state loan guarantee program…
How this is measured
13 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 13 of the 40 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
- Who funds PARTNER COMMUNITY CAPITAL INC ↗
- Who funds INSTITUTE CAPITAL INC ↗
- Who funds MOUNTAIN BIZCAPITAL INC ↗
- Who funds ARRAY COMMUNITY DEVELOPMENT CORP ↗
- Who funds CAROLINA COMMUNITY IMPACT INC ↗
- Who funds Business Expansion Funding Corp ↗
- Who funds Carolina Small Business Development Fund ↗
- Who funds THREAD CAPITAL INC ↗
- Who funds MDC INC ↗
- Who funds Piedmont Business Capital ↗
- Who funds THE SEQUOYAH FUND INC ↗
- Who funds F I R S T ↗
- Who funds Annie Penn Memorial Hospital Foundation ↗
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Nc Idea · Dogwood Health Trust · Appalachian Community Capital Corporation · The Golden Leaf Inc · Truist Foundation Inc · National Philanthropic Trust · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
How much its grantees rely on government
Each dot is one organization Rural Economic Development Center Inc funds: left to right is the share of its income from government, bottom to top the share from Rural Economic Development Center Inc. Bigger dots raise more.
How this is measured
Play a game based on Rural Economic Development Center’s filings →