Public Charity

NATIONAL BALLOON RALLY CHARITIES INC

NATIONAL BALLOON RALLY CHARITIES INC is a Public Charity headquartered in STATESVILLE, NC. Financial data from the 2025 filing: $936K revenue, $922K expenses, $454K total assets. IRS filings disclose 53 grants awarded by this foundation, totaling roughly $472K.

EIN: 581764979 STATESVILLE, NC Latest filing: 2025
Total Revenue$936K
Total Expenses$922K
Total Assets$454K
Grants Given53
Grant Total$472K
Filing Years2021–2025

Mission

HOLD AN ANNUAL BALLOON RALLY IN OCTOBER WITH PROCEEDS DISTRIBUTED TO LOCAL CHARITIES.

Where $100 goes at National Balloon Rally Charities Inc

How National Balloon Rally Charities Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$45
Hold an annual balloon rally in october with proceeds distributed to local charities
50% of program spending
$44
Hold an annual balloon rally in october with proceeds distributed to local charities
About 50% (cost not reported)
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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.

Before you apply to National Balloon Rally Charities Inc

Sometimes funds new orgs 21% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

STATESVILLE, NC · 2025
EDUCATIONAL SUPPORT
$14,000
BOY SCOUTS OF AMERICA 1314
STATESVILLE, NC · 2025
YOUTH DEVELOPMENT
$8,600
STATESVILLE, NC · 2025
ALL PROGRAMS
$8,600
BOY SCOUTS OF AMERICA 377
MOORESVILLE, NC · 2025
YOUTH DEVELOPMENT
$7,500
GASTONIA, NC · 2025
YOUTH DEVELOPMENT
$7,000

Showing up to 5 of 53 total records — full history available with membership.

Officers & Directors

DIRECTOR Butch Morrison
DIRECTOR Carol Johnson
TREASURER Dorothy Hilt
DIRECTOR Duncan Dunavent
BOARD CHAIR Gary Cook
DIRECTOR Jared Stone

Officer compensation and complete director data available with membership.

Top Grant Purposes

Youth Development
$119,000 17 grants
Education
$48,150 4 grants
General Support
$32,200 5 grants
Unspecified
$272,350 27 grants

Financial Trends

Year Revenue Expenses Assets
2025 $936K $922K $454K
2024 $806K $794K $439K
2023 $695K $713K $422K
2022 $807K $667K $480K
2021 $61K $143K $302K

Between 2021 and 2025, reported annual revenue grew from $61K to $936K (+1436%), with total assets most recently reported at $454K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in GA, NC, TX.

GANCTX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NATIONAL BALLOON RALLY CHARITIES INC

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