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Record · Organization

Launch

Chapel Hill, NC. EIN 83-2564017. Reported $278,208 of revenue for 2024 on its Form 990.

The IRS record

Registered name
LAUNCH
As the IRS records it, which is how it appears in their own search.
Employer Identification Number
83-2564017
The identifier the IRS uses for this organization.
Recognized under
501(c)(3) — charitable, religious, educational, scientific
The subsection of the code its exemption was granted under.
Recognized in
2019
The year of the IRS ruling.
Classification
Community Improvement and Capacity Building
NTEE code S43, assigned at registration.
Gifts to it
Contributions are deductible
Whether the IRS treats a contribution to this organization as deductible.
Legal form
Corporation
How the organization is constituted, as recorded at registration.
Location of record
Chapel Hill, NC
The address the IRS holds, not necessarily where it operates.
Most recent filing
Form 990
For tax year 2024.

What it reported for 2024

$278,208
Total revenue
Contributions, grants, program service revenue and investment income.
$342,598
Total expenses
As reported on the return.
$298,452
Total assets, book value
At the end of the year, at what the organization paid for them.
12
People listed
Officers, directors, trustees, key employees and highest-paid employees.
$111,779
Largest reported compensation
Reported for Ian Baltutis.
$109,671
Reportable, from the organization
Part VII, column (D): W-2 or 1099 pay from this organization.
$0
Reportable, from related organizations
Part VII, column (E).
$2,108
Other compensation
Part VII, column (F): benefits, deferred pay and other compensation.

How this compares

Total revenue: $278,208, 2024
By the revenue it reported, ranks 277,906th of 693,297 organizations with revenue on their return nationally, 7,779th of 18,139 in North Carolina and 11,078th of 28,845 in Community Improvement and Capacity Building. Larger than 59% of the 693,297 organizations with revenue on their return nationally. It is < 0.1% of the $4,632,760,069,328 reported by every organization with a return on record.
Largest reported compensation: $111,779, 2024
By the largest compensation it reported paying, ranks 108,064th of 264,753 organizations reporting compensation nationally, 2,408th of 6,794 in North Carolina and 5,068th of 10,360 in Community Improvement and Capacity Building. Larger than 59% of the 264,753 organizations reporting compensation nationally.

Similar organizations

Other organizations in the same state and category as Launch
OrganizationRevenue
Association of International Certified Professional Accountants$214.2 million
Self Help Ventures Fund$189.2 million
Rural Economic Development Center Inc$70.0 million
Srcco Inc$53.5 million
Economic Development Partnership of North Carolina Inc$52.3 million
I-95 1-40 Crossroads of America Economic Development Alliance Inc$40.9 million

This organization elsewhere

More in North Carolina and under Community Improvement and Capacity Building. All organizations: nonprofits.

What this page cannot show

  • Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
  • The figures describe the most recent year on record, which has already ended, and not the organization’s current position.
  • Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

Something wrong? Tell us. Full method at methodology.

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Sources

Compiled automatically from Exempt Organizations Business Master File and Form 990 series e-file data by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved