Launch Inc

Community development organization based in Chapel Hill, NC. 3 employees. Exempt under §501(c)(3).

MissionLAUNCH 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.

EIN
83-2564017
State
NC
Sector
Community development
Budget band
$250K–$500K
Latest filing
TY 2024
Records
1 officers · 2 years

Financial snapshot · TY 2024

$278K
Total revenue
$343K
Total expenses
$298K
Net assets

Financial health · TY 2024

24
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
29
5.1 months of expenses
Program efficiency
32
62.8% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Ian Baltutis
EXECUTIVE DI
$111,779
83th percentile vs. peers

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Launch Inc Executive Compensation | 990 Data | DoubleNine