Carolina Common Enterprise
AI Summary
Carolina Common Enterprise is a community and economic development and education nonprofit focused on helping individuals and communities in low-income and socially disadvantaged areas create, expand, and improve rural and community-based enterprises, especially cooperatively or mutually owned and governed enterprises. In filing year 2024, it reported an operating budget of $486.8K and total revenue of $507.1K, with support from funders including IMPACTASSETSINC, Z SMITH REYNOLDS FOUNDATION INC, Blue Cross and Blue Shield of NC Foundation, T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC, and PATAGONIAORG.
Mission Statement
The specific objectives and purposes of this corporation shall be to assist individuals and communities, particularly those in low-income and socially disadvantaged areas, in the creation, expansion, and improvement of rural and community-based enterprises, particularly those that are cooperatively or mutually owned and governed.
Cause Areas
2
Education
Community and economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Carolina Common Enterprise’s budget?
In 2024, Carolina Common Enterprise reported an annual operating budget of around $487 thousand. More detailed financial information is available to registered users.
What causes does Carolina Common Enterprise support?
Carolina Common Enterprise supports work in Education and Community and economic development.
Where does Carolina Common Enterprise operate?
Carolina Common Enterprise is headquartered in Durham, NC.
Who funded Carolina Common Enterprise recently?
In 2025, Carolina Common Enterprise received grants from T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC, IMPACTASSETSINC, and UNITED WAY OF THE GREATER TRIANGLE INC. More information on this organization’s funders is available to registered users.
What is the largest grant Carolina Common Enterprise received in 2024?
The largest grant to Carolina Common Enterprise in 2024 exceeds $400 thousand.
What is Carolina Common Enterprise’s reliance on government grants?
Carolina Common Enterprise relied on government grants for more than 85% of their total revenue in 2024.