NORTH CAROLINA LEARNS INC is a Public Charity headquartered in DURHAM, NC. Financial data from the 2025 filing: $38.1M revenue, $34.0M expenses, $17.8M total assets.
NORTH CAROLINA VIRTUAL ACADEMY IS A COMMUNITY OF STUDENTS, FAMILIES, AND EDUCATORS DEDICATED TO EXPANDING EDUCATIONAL CHOICE THROUGH INNOVATIVE, TECHNOLOGY-RICH INSTRUCTIONAL PRACTICES. THE ACADEMY IS COMMITTED TO DEVELOPING EACH STUDENT'S FULL POTENTIAL FOR ACADEMIC AND POST-SECONDARY SUCCESS.
How North Carolina Learns Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $38.1M | $34.0M | $17.8M |
| 2024 | $31.6M | $26.8M | $13.3M |
| 2023 | $26.4M | $25.4M | $9.1M |
| 2022 | $27.5M | $25.5M | $7.6M |
| 2021 | $24.1M | $21.9M | $5.4M |
Between 2021 and 2025, reported annual revenue grew from $24.1M to $38.1M (+58%), with total assets most recently reported at $17.8M.
Interactive year-over-year charts and full filing details available with membership.
