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North Carolina · Nonprofit
NORTH CAROLINA STATE UNIVERSITY (North Carolina) is funded by 121 grantmakers whose IRS filings report $177,020,207 in grants to it, the largest being NC State Investment Fund Inc ($113,637,623). 74 of them have funded it in more than one year.
Against its field
NORTH CAROLINA STATE UNIVERSITY runs a healthier operating margin than three-quarters of the 53 education nonprofits its size.
this organization peer median middle 50% of peers· 53 education nonprofits over $100M, FY2025
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
80% of NORTH CAROLINA STATE UNIVERSITY’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
$495k from 6 funders in 2025, up from $785k and 24 in 2017.
42 of 121 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% 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 STATE UNIVERSITY’s funders (the co-funder graph). Top 30 of 121 funders by total. Association, not causation.
NORTH CAROLINA STATE UNIVERSITY leans on a few funders — its largest provides 64% of grant income and the top three 85%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 45% · 2018 84% · 2019 61% · 2020 54% · 2021 59% · 2022 58% · 2023 73% · 2024 77% · 2025 68% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
40% of NORTH CAROLINA STATE UNIVERSITY's funders are still giving 3 years after their first grant; 61% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year.
NORTH CAROLINA STATE UNIVERSITY is locally rooted: 72% of its grant income comes from North Carolina funders.
In-state vs out-of-state, by year
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. Your 121 funders put you under-funded among the 400 organizations that share them.
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.
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.
Read directly from this organization’s own Form 990, as neutral context.
78% of spending goes to programs.
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Part of a family of 13 related entities
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 121funders 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. view filing