North Carolina · Nonprofit
INNOVATE RALEIGH
INNOVATE RALEIGH (North Carolina) receives grants from 3 organizations whose IRS filings report $45,000 to it, the largest being Rex Hospital Inc ($20,000). 2 of them have funded it in more than one year.
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.
- Duke Universityshared fundersportfolio match
- United Arts Council of Raleigh and Wake County Inclocalportfolio match
- Executive Service Corps of the Greater Triangle Inclocalportfolio match
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.
Who funds it, year by year
2017 → 2021: the base held at 1 funder, grant income fell $10k → $5k.
From the IRS filings of INNOVATE RALEIGH’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
INNOVATE RALEIGH leans on a few funders — its largest provides 44% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
67% 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 INNOVATE RALEIGH.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 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 INNOVATE RALEIGH'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.
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.
- Duke Universityshared fundersportfolio matchNC · backs 20 organizations that share your funders · its grantees resemble your mission
- United Arts Council of Raleigh and Wake County Inclocalportfolio matchNC · funds 61 organizations near you · its grantees resemble your mission
- Executive Service Corps of the Greater Triangle Inclocalportfolio matchNC · funds 28 organizations near you · its grantees resemble your mission
- WakeMedshared funderslocalNC · backs 17 organizations that share your funders · funds 35 organizations near you
- Tennessee Technology Development Corpportfolio matchits grantees resemble your mission
- Stonecutter Foundation Incportfolio matchits grantees resemble your mission
- Florida Business Development Corpportfolio matchits grantees resemble your mission
- Vilcap Incportfolio matchits grantees resemble your mission
- The Forest At Duke Incportfolio matchits grantees resemble your mission
- Arts & Science Council Charlotte/Mecklenburg Incportfolio matchits grantees resemble your mission
- The Jandy Ammons Foundation Incportfolio matchits grantees resemble your mission
- Duke University Health System Incshared funderslocalNC · backs 33 organizations that share your funders · funds 65 organizations near you
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.
Organizations like INNOVATE RALEIGH
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
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 INNOVATE RALEIGH: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INNOVATE RALEIGH?
- INNOVATE RALEIGH (North Carolina) receives grants from 3 organizations whose IRS filings report $45,000 to it, the largest being Rex Hospital Inc ($20,000). 2 of them have funded it in more than one year.
- How many funders does INNOVATE RALEIGH have?
- IRS filings report 3 organizations giving $45,000 in grants to INNOVATE RALEIGH, 2 of which have funded it in more than one year.
- Who is the largest funder of INNOVATE RALEIGH?
- Rex Hospital Inc is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like INNOVATE RALEIGH 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 FY2023 (financials across 2018–2023), and the filings of 3funders 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