North Carolina Textile Foundation Inc

Education organization based in Raleigh, NC. 19 employees. Exempt under §501(c)(3).

MissionTO ADVANCE WILSON COLLEGE OF TEXTILES THROUGH ENGAGEMENT, PARTNERSHIP AND PHILANTHROPY. AS A CHARITABLE ORGANIZATION, THE FOUNDATION SUPPORTS THE COLLEGE AND DEAN OF THE COLLEGE AND SUCH SUPPORT SHALL INCLUDE BUT IS NOT LIMITED TO PROVIDING FUNDS FOR SCHOLARSHIPS TO DESERVING

Financial snapshot · TY 2024

$11.5M
Total revenue
$5.5M
Total expenses
$104.6M
Net assets

Financial health · TY 2024

53
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
73
13.1 months of expenses
Program efficiency
59
73.8% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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