North Carolina · Nonprofit
LAUNCH INC
LAUNCH INC (North Carolina) receives grants from 3 organizations whose IRS filings report $65,250 to it, the largest being BILL HILLARY & CHELSEA CLINTON FOUNDATION ($52,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $278k
- Funders on record
- 3
- Grants received
- $65k
- Net assets
- $160k
What Launch Inc does
Mission
Launch Inc was founded to provide co-working space and resources for businesses in orange county. With the support of our partners, launch seeks to maximize the potential of start-ups and create jobs in orange county through the launch program.
As stated on its FY2025 Form 990.
Program
Launch chapel hill, a start-up accelerator located in downtown chapel hill, fosters high-potential entrepreneurs who are committed to building their early-stage, high-potential businesses into self-sustaining enterprises. Launch is a truly unique partnership of private and public investment between the town of chapel hill, orange county, and university of north carolina - chapel hill. Launch provides the support, tools and knowledge needed to decrease risks, reduce go-to-market time, and accelerate the growth of start-ups.
$233,740 spentof which $37,500 as grants$3,000 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $233,740.
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 2022 to 2023, from $198k to $287k (+45%).
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 73% · 2022 81% · 2023 129% · 2024 95% · 2025 85%. Grants only. Government contracts and fees sit inside program revenue.
99% of LAUNCH INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 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.
Board chair
Sheryl Waddell
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% 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 LAUNCH 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
LAUNCH INC leans on a few funders — its largest provides 80% 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
95% 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 LAUNCH INC.
“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
LAUNCH INC draws 94% of its grant income from funders outside North Carolina, across 2 states in all.
Funder states come from each funder’s own filing. $10k 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
LAUNCH INC's revenue grew 22% between 2021 and 2025.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like LAUNCH 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
63% 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 LAUNCH 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 LAUNCH INC?
- LAUNCH INC (North Carolina) receives grants from 3 organizations whose IRS filings report $65,250 to it, the largest being BILL HILLARY & CHELSEA CLINTON FOUNDATION ($52,000). 0 of them have funded it in more than one year.
- How many funders does LAUNCH INC have?
- IRS filings report 3 organizations giving $65,250 in grants to LAUNCH INC.
- Who is the largest funder of LAUNCH INC?
- BILL HILLARY & CHELSEA CLINTON FOUNDATION is the largest funder on record, with $52,000 in grants. The full list of funders is on this page.
- How can an organization like LAUNCH 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 Launch →
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 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