LAUNCH

CHAPEL HILL, NC, 27514-3555 (919) 969-5010 Est. 2018 EIN 83-2564017

S43 - Small Business Development 990 - Public charity return 501(c)(3)

Mission

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.

Financials

Total Revenue

$278,208

Total Expenses

$342,598

Net Assets

$159,706

3 employees 25 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

5.6 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 18.8%

Expenses ↑ 22.3%

Revenue Sources

Contributions 98.7% Investment 1.3%

Expense Breakdown

Program 62.8% Management 37.2%

Officers & Key Employees (12)

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Grants Received (2)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$278,208 ↓	$342,598	$159,706
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$342,605 ↑	$280,131	$224,096
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$283,736 ↑	$320,340	$161,622
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$275,579 ↑	$282,701	$198,226
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$228,695	$229,622	$205,348