North Carolina · Nonprofit
BURKE DEVELOPMENT INC
BURKE DEVELOPMENT INC (North Carolina) receives grants from 5 organizations whose IRS filings report $465,000 to it, the largest being THE GOLDEN LEAF INC ($326,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $2.0M
- Funders on record
- 5
- Grants received
- $465k
- Net assets
- $3.5M
What Burke Development Inc does
Mission
To encourage and promote industrial and commercial growth, and tourism and to assist new and start up businesses in burke county
As stated on its FY2025 Form 990.
Program
To encourage and promote industrial and commercial growth, and tourism and to assist new and start up businesses in burke county
$1,162,508 spent$85 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,162,508.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 $2.6M to $39M (+1364%).
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: 2021 11% · 2022 6% · 2023 5% · 2024 11% · 2025 23%. Grants only. Government contracts and fees sit inside program revenue.
51% of BURKE DEVELOPMENT INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 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.
Chief executive
Alan Wood
Executive director
Board chair
Jeff Brittain
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $42k → $15k.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 BURKE DEVELOPMENT INC’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
BURKE DEVELOPMENT INC leans on a few funders — its largest provides 70% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
89% 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 BURKE DEVELOPMENT INC.
Largest funder’s share by year: 2018 72% · 2019 100% · 2020 73% · 2021 63% · 2022 100% · 2023 100% — growing more concentrated.
“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.
Where its funders are
100% of BURKE DEVELOPMENT INC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $12k arriving through sponsors registered in 1 state 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
BURKE DEVELOPMENT INC runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Government funding BURKE DEVELOPMENT INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100k on record.
- Appalachian Regional Commission$100k
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 BURKE DEVELOPMENT INC
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
95% of spending goes to programs.
Governance
Public support
70%
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 BURKE DEVELOPMENT INC: 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 BURKE DEVELOPMENT INC?
- BURKE DEVELOPMENT INC (North Carolina) receives grants from 5 organizations whose IRS filings report $465,000 to it, the largest being THE GOLDEN LEAF INC ($326,000). 3 of them have funded it in more than one year.
- How many funders does BURKE DEVELOPMENT INC have?
- IRS filings report 5 organizations giving $465,000 in grants to BURKE DEVELOPMENT INC, 3 of which have funded it in more than one year.
- Who is the largest funder of BURKE DEVELOPMENT INC?
- THE GOLDEN LEAF INC is the largest funder on record, with $326,000 in grants. The full list of funders is on this page.
- How can an organization like BURKE DEVELOPMENT INC 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 Burke Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 5 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 14, 2026. What this page cannot tell you · view filing