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North Carolina · Nonprofit

BURLINGTON DOWNTOWN CORPORATION

BURLINGTON DOWNTOWN CORPORATION (North Carolina) receives grants from 3 organizations whose IRS filings report $7,674 to it, the largest being DUKE ENERGY FOUNDATION ($5,000). 1 of them have funded it in more than one year.

Revenue FY2025
$151k
Funders on record
3
Grants received
$8k
Net assets
$169k
1/3 repeat funderspeak grant-dependency 3%
01What it does

What Burlington Downtown Corporation does

Mission

The mission of the bdc is to create an environment for downtown redevelopment by engaging community stakeholders and partners, and to inspire investment, business development and job growth.

As stated on its FY2025 Form 990-EZ.

Program

  1. To enhance the development of downtown burlington as the cultural,historic and economic center of the community and promote unity among all.

    $70,433 spentof which $13,007 as grants
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $70,433.

02The 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 ($235k) Expenses 100 ($278k) Net assets 100 ($186k)2018 Revenue 116 ($272k) Expenses 90 ($251k) Net assets 113 ($209k)2019 Revenue 107 ($252k) Expenses 92 ($255k) Net assets 111 ($206k)2020 Revenue 106 ($249k) Expenses 83 ($230k) Net assets 121 ($225k)2021 Revenue 80 ($189k) Expenses 110 ($307k) Net assets 57 ($107k)2022 Revenue 101 ($238k) Expenses 58 ($162k) Net assets 98 ($183k)2023 Revenue 55 ($129k) Expenses 71 ($198k) Net assets 61 ($113k)2024 Revenue 71 ($168k) Expenses 58 ($161k) Net assets 65 ($120k)2025 Revenue 64 ($151k) Expenses 37 ($102k) Net assets 91 ($169k)
'17'18'19'20'21'22'23'24'25
Revenue (64)Expenses (37)Net assets (91)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $247k to $111k (−55%).

$186k
$216k
$239k
$247k
$111k
$186k
$117k
$126k
$169k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 40% · 2018 53% · 2019 42% · 2020 40% · 2021 27% · 2022 42%. Grants only. Government contracts and fees sit inside program revenue.

99% of BURLINGTON DOWNTOWN CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$43k
’17
$21k
’18
−$3k
’19
$19k
’20
−$118k
’21
$76k
’22
−$69k
’23
$7k
’24
$48k
’25
6.0
months of
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.

2017201820192020202120222023
Listed20202422201818
Joined·+1+7+5+3+4+8
No longer listed·137568
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $3k → $32.

Funder
'19
'20
'21
'22
'23
total
funders
1
1
2
1
1

1 of 3 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.

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest Alamance Community Foundation). These are real filings, and they are not money BURLINGTON DOWNTOWN CORPORATION raised.

From the IRS filings of BURLINGTON DOWNTOWN CORPORATION’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

BURLINGTON DOWNTOWN CORPORATION leans on a few funders — its largest provides 65% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

65%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 99% · 2022 100% · 2023 100% — broadly stable.

“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 BURLINGTON DOWNTOWN CORPORATION's grant income comes from North Carolina funders.

NC

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

’19
’21
North Carolina out of state home

Funder states come from each funder’s own filing. $174 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.

04Its place in the field

Against its field

BURLINGTON DOWNTOWN CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin32% · top quartile
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like BURLINGTON DOWNTOWN CORPORATION

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

05Profile & governance

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

Public support

100%

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 BURLINGTON DOWNTOWN CORPORATION: 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.

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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 BURLINGTON DOWNTOWN CORPORATION?
BURLINGTON DOWNTOWN CORPORATION (North Carolina) receives grants from 3 organizations whose IRS filings report $7,674 to it, the largest being DUKE ENERGY FOUNDATION ($5,000). 1 of them have funded it in more than one year.
How many funders does BURLINGTON DOWNTOWN CORPORATION have?
IRS filings report 3 organizations giving $7,674 in grants to BURLINGTON DOWNTOWN CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of BURLINGTON DOWNTOWN CORPORATION?
DUKE ENERGY FOUNDATION is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
How can an organization like BURLINGTON DOWNTOWN CORPORATION 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 3 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