North Carolina · Nonprofit
NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS
NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS (North Carolina) receives grants from 11 organizations whose IRS filings report $3,550,000 to it, the largest being RF CATALYTIC CAPITAL INC ($1,100,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $1.6M
- Funders on record
- 11
- Grants received
- $3.5M
- Net assets
- $2.9M
What North Carolina Clean Energy Fund Dba Clean Energy Fund of the Carolinas does
Mission
Our mission is to accelerate investment in clean and efficient energy solutions and increase climate resilience in north and south carolina, particularly to the benefit of underserved populations.
As stated on its FY2025 Form 990.
Program
Partner with public and private investors, foundations, and other nonprofit and community organizations to deploy sustainable financing solutions that will create long-lasting environmental, economic, and social benefits. This includes working the nc state energy office and other governmental agences to develop affordable financing options throughout the state.
$1,317,937 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,317,937.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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 2024 to 2025, from $2.8M to $13M (+371%).
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.
85% of NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 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
Nora Barger
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2022 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $500k → $195k.
3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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 NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS’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
NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS leans on a few funders — its largest provides 31% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
75% 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 NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS.
Largest funder’s share by year: 2022 100% · 2023 38% — diversifying over time.
“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
NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS draws 94% of its grant income from funders outside North Carolina, across 8 states in all.
Funder states come from each funder’s own filing. $1.3M 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
NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS holds deeper cash reserves than three-quarters of the 1,074 environment nonprofits its size.
this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025
Organizations like NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS
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
89% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS: 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 NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS?
- NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS (North Carolina) receives grants from 11 organizations whose IRS filings report $3,550,000 to it, the largest being RF CATALYTIC CAPITAL INC ($1,100,000). 3 of them have funded it in more than one year.
- How many funders does NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS have?
- IRS filings report 11 organizations giving $3,550,000 in grants to NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS, 3 of which have funded it in more than one year.
- Who is the largest funder of NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS?
- RF CATALYTIC CAPITAL INC is the largest funder on record, with $1,100,000 in grants. The full list of funders is on this page.
- How can an organization like NORTH CAROLINA CLEAN ENERGY FUND DBA CLEAN ENERGY FUND OF THE CAROLINAS 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 2022–2025), and the filings of 11 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