North Carolina · Nonprofit
BELOVED ASHEVILLE
BELOVED ASHEVILLE (North Carolina) receives grants from 287 organizations whose IRS filings report $10,895,125 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($907,762). 47 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $16M
- Funders on record
- 287
- Grants received
- $11M
- Net assets
- $19M
What Beloved Asheville does
Mission
The mission of Beloved Asheville is to cultivate a transformational way of life rooted in community, creativity, and equity. We bring together people from all walks of life to create innovative solutions to some of the toughest challenges that our city, region, and world face: racism and systemic inequities, housing and food insecurity, poverty, and healthcare inequalities. Beloved Asheville has been engaged in hurricane helene disaster relief, recovery, rebuilding, and healing since the aftermath of the storm across the impacted zones throughtout western north carolina and will continue to provide support for years to come.
As stated on its FY2024 Form 990.
Program
To provide charitable support to the vulnerable population in the community.
$6,796,084 spent100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $6,796,084.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.0M to $19M (+379%).
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: 2020 0% · 2021 22%. Grants only. Government contracts and fees sit inside program revenue.
100% of BELOVED ASHEVILLE’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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.
Who funds it, year by year
2020 → 2023: the base broadened from 15 funders to 31 funders, grant income rose $535k → $758k.
59 of 287 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% 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 BELOVED ASHEVILLE’s funders (the co-funder graph). Top 30 of 287 funders by total. 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
BELOVED ASHEVILLE has a broad base — no single funder exceeds 8% of grant income, and it takes 11 funders to reach half.
the vertical line marks half of all grant income — 11 funders to its left
65% 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 BELOVED ASHEVILLE.
Largest funder’s share by year: 2020 54% · 2021 36% · 2022 24% · 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
40% of BELOVED ASHEVILLE's funders are still giving 3 years after their first grant; 16% give in more than one year at all.
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 BELOVED ASHEVILLE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $5.1M that is directly attributable, 68% of it comes from funders outside North Carolina, across 36 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.8M arriving through sponsors registered in 24 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.
Against its field
BELOVED ASHEVILLE holds deeper cash reserves than three-quarters of the 818 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024
Organizations like BELOVED ASHEVILLE
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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for BELOVED ASHEVILLE: 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 BELOVED ASHEVILLE?
- BELOVED ASHEVILLE (North Carolina) receives grants from 287 organizations whose IRS filings report $10,895,125 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($907,762). 47 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does BELOVED ASHEVILLE have?
- IRS filings report 287 organizations giving $10,895,125 in grants to BELOVED ASHEVILLE, 47 of which have funded it in more than one year.
- Who is the largest funder of BELOVED ASHEVILLE?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $907,762 in grants. The full list of funders is on this page.
- How can an organization like BELOVED ASHEVILLE 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.
Play a game about who funds Beloved Asheville →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 287 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 22, 2026. What this page cannot tell you · view filing