North Carolina · Nonprofit
The Education Over Debt Foundation
The Education Over Debt Foundation (North Carolina) receives grants from 1 organization whose IRS filings report $45,150 to it, the largest being UNITED WAY OF GREATER CHARLOTTE INC ($45,150). 1 of them have funded it in more than one year.
- Revenue FY2025
- $63k
- Funders on record
- 1
- Grants received
- $45k
- Net assets
- $35k
What The Education Over Debt Foundation does
Mission
Education Over Debt Foundation mission is to provide scholarships to AfricanAmerican high school students in North Carolina attending a four-year College orUniversity and Non-African American students of color, attending a two-year orfour-year College or University.
As stated on its FY2025 Form 990-EZ.
Programs
Scholarships- In 2025, we served a total of 555 students and families through educational resources and volunteer opportunities. We provided $10,000 in scholarships to 5 students.
$14,098 spentof which $10,000 as grants64% of program spendingRun4More 5K
$1,065 spent5% of program spendingWorkshops
$660 spent3% of program spendingCollege Tours
$6,081 spent28% of program spending
The 4 programs described on its FY2025 Form 990-EZ. Program spending in total: $21,904.
The organization over time
Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 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 2024 to 2025, from $27k to $35k (+33%).
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.
100% of The Education Over Debt Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of The Education Over Debt Foundation’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 The Education Over Debt Foundation's grant income comes from North Carolina funders.
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
The Education Over Debt Foundation has grown faster than three-quarters of the 17,277 education nonprofits its size.
this organization peer median middle 50% of peers· 17,277 education nonprofits under $100k, FY2025
Organizations like The Education Over Debt Foundation
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
0%
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 The Education Over Debt Foundation: 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 The Education Over Debt Foundation?
- The Education Over Debt Foundation (North Carolina) receives grants from 1 organization whose IRS filings report $45,150 to it, the largest being UNITED WAY OF GREATER CHARLOTTE INC ($45,150). 1 of them have funded it in more than one year.
- How many funders does The Education Over Debt Foundation have?
- IRS filings report 1 organization giving $45,150 in grants to The Education Over Debt Foundation, 1 of which have funded it in more than one year.
- Who is the largest funder of The Education Over Debt Foundation?
- UNITED WAY OF GREATER CHARLOTTE INC is the largest funder on record, with $45,150 in grants. The full list of funders is on this page.
- How can an organization like The Education Over Debt Foundation 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 2024–2025), 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