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North Carolina · Nonprofit

Aspire Community Capital

Aspire Community Capital (North Carolina) receives grants from 15 organizations whose IRS filings report $1,663,500 to it, the largest being Wells Fargo Foundation ($315,000). 9 of them have funded it in more than one year.

$550k
Revenue FY2025
15
Funders on record
$1.7M
Grants received
$229k
Net assets
9/15 repeat fundersgrants exceed reported revenue in one year

Against its field

Aspire Community Capital has grown faster than three-quarters of the 15,926 education nonprofits its size.

Operating margin−43% · bottom quartile
Months of reserve2.1mo · bottom quartile
Revenue growth (annualized)71% · top quartile

this organization peer median middle 50% of peers· 15,926 education nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($7k) Expenses 100 ($7k) Net assets 100 ($312)2018 Revenue 407 ($30k) Expenses 64 ($5k) Net assets 8368 ($26k)2020 Revenue 3095 ($231k) Expenses 2448 ($175k) Net assets 25002 ($78k)2021 Revenue 4896 ($366k) Expenses 3690 ($264k) Net assets 57557 ($180k)2022 Revenue 11751 ($878k) Expenses 6213 ($445k) Net assets 199396 ($622k)2023 Revenue 9452 ($706k) Expenses 9139 ($654k) Net assets 216025 ($674k)2024 Revenue 9132 ($682k) Expenses 12417 ($889k) Net assets 149820 ($467k)2025 Revenue 7361 ($550k) Expenses 11020 ($789k) Net assets 73260 ($229k)
'17'18'20'21'22'23'24'25
Revenue (7361)Expenses (11020)Net assets (73260)Peer revenue range

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
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 29% · 2025 36%. Grants only. Government contracts and fees sit inside program revenue.

96% of Aspire Community Capital’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$312
17
$26k
18
$56k
20
$102k
21
$433k
22
$52k
23
$207k
24
$239k
25
2.1
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $10k → $233k.

4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF)10% 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 Aspire Community Capital’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

Aspire Community Capital has a broad base — no single funder exceeds 19% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

62% 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 Aspire Community Capital.

19%
largest funder
51%
top three
~8
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 91% · 2020 47% · 2021 34% · 2022 49% · 2023 26%diversifying over time.

“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.

How long its funders stay

43% of Aspire Community Capital's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of Aspire Community Capital's grant income comes from North Carolina funders.

MN
NY
CA
MO
NC
FL

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

18
19
20
21
22
23
North Carolina out of state home

Funder states come from each funder’s own filing. $163k arriving through sponsors registered in 4 states 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 15 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Aspire Community Capital receives

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

Federal$425k
grants $425kcontracts $0
21
24
Top agencies
  • Department of the Treasury$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 Aspire Community Capital

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

04Profile & governance

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

Where the money goes

71% of spending goes to programs.

Program 71%Management 19%Fundraising 10%

Governance

16
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Aspire Community Capital: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Aspire Community Capital?
Aspire Community Capital (North Carolina) receives grants from 15 organizations whose IRS filings report $1,663,500 to it, the largest being Wells Fargo Foundation ($315,000). 9 of them have funded it in more than one year.
How many funders does Aspire Community Capital have?
IRS filings report 15 organizations giving $1,663,500 in grants to Aspire Community Capital, 9 of which have funded it in more than one year.
Who is the largest funder of Aspire Community Capital?
Wells Fargo Foundation is the largest funder on record, with $315,000 in grants. The full list of funders is on this page.
How can an organization like Aspire Community Capital find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 15funders 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 August 27, 2026. What this page cannot tell you · view filing