LAUNCH INC
AI Summary
LAUNCH INC is a nonprofit organization focused on entrepreneurship, providing co-working space and resources for businesses in Orange County. With an operating budget of $342.6K and total revenue of $278.2K for the filing year 2025, LAUNCH INC aims to maximize the potential of start-ups and create jobs in the region through its programs. The organization does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.launchchapelhill.com.
Mission Statement
LAUNCH INC WAS FOUNDED TO PROVIDE CO-WORKING SPACE AND RESOURCES FOR BUSINESSES IN ORANGE COUNTY. WITH THE SUPPORT OF OUR PARTNERS, LAUNCH SEEKS TO MAXIMIZE THE POTENTIAL OF START-UPS AND CREATE JOBS IN ORANGE COUNTY THROUGH THE LAUNCH PROGRAM.
Cause Areas
1
Entrepreneurship
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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 LAUNCH INC’s budget?
In 2025, LAUNCH INC reported an annual operating budget of around $343 thousand. More detailed financial information is available to registered users.
What causes does LAUNCH INC support?
LAUNCH INC supports work in Entrepreneurship.
Where does LAUNCH INC operate?
LAUNCH INC is headquartered in Chapel Hill, NC.
Who funded LAUNCH INC recently?
In 2024, LAUNCH INC received grants from CHARITIES AID FOUNDATION AMERICA, BILL HILLARY & CHELSEA CLINTON FOUNDATION, and BILL HILLARY & CHELSEA CLINTON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAUNCH INC received in 2024?
The largest grant to LAUNCH INC in 2024 exceeds $9,750.
What is LAUNCH INC’s reliance on government grants?
LAUNCH INC relied on government grants for more than 85% of their total revenue in 2025.