North Carolina · Nonprofit
INNOVATE CHARLOTTE INC
INNOVATE CHARLOTTE INC (North Carolina) receives grants from 1 organization whose IRS filings report $135,500 to it, the largest being NC IDEA ($135,500). 1 of them have funded it in more than one year.
- Revenue FY2024
- $135k
- Funders on record
- 1
- Grants received
- $136k
- Net assets
- $87k
What Innovate Charlotte Inc does
Mission
Innovative charlotte (inclt) is a nonprofit with a mission to enhance, elevate, and accelerate entrepreneurial success in greater charlotte region. Its focus is on cultivating an intentionally inclusive and high impace ecosystem that stimulates innovation, economic growth and societal change. Innovate charlotte seeks to serve as the ecosystem connector - a central hub from which diverse stakeholders' efforts can be synchonized to maximize collective impace.
As stated on its FY2024 Form 990-EZ.
Program
Innovate charlotte conducted hundreds of mentorship sessions totalling over 2270 volunteer hours by 60 members for 30 companies.
$140,507 spentof which $20,100 as grants100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $140,507.
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 at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $17k to $97k (+483%).
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.
83% of INNOVATE CHARLOTTE INC’s revenue is contributions — more donation-reliant than the typical peer (57% 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.
Leadership and staff
Board chair
Keith Luedeman
Board chair
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
2019 → 2023: the base held at 1 funder, grant income fell $70k → $9k.
From the IRS filings of INNOVATE CHARLOTTE 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.
Where its funders are
100% of INNOVATE CHARLOTTE 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. 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
INNOVATE CHARLOTTE INC has grown faster than half of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like INNOVATE CHARLOTTE 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.
Public support
96%
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 INNOVATE CHARLOTTE 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 INNOVATE CHARLOTTE INC?
- INNOVATE CHARLOTTE INC (North Carolina) receives grants from 1 organization whose IRS filings report $135,500 to it, the largest being NC IDEA ($135,500). 1 of them have funded it in more than one year.
- How many funders does INNOVATE CHARLOTTE INC have?
- IRS filings report 1 organization giving $135,500 in grants to INNOVATE CHARLOTTE INC, 1 of which have funded it in more than one year.
- Who is the largest funder of INNOVATE CHARLOTTE INC?
- NC IDEA is the largest funder on record, with $135,500 in grants. The full list of funders is on this page.
- How can an organization like INNOVATE CHARLOTTE 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 Innovate Charlotte →
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 1 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