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DEMOGRAPHIC

ADDRESS
1515 MARKET STREET SUITE 1700
19102
COUNTY
philadelphia county, PA
IN CARE OF NAME
HEFFLER RADETICH & SAITTA L

ORGANIZATIONAL OVERVIEW & RANKINGS

1622 MGD FOUNDATION is a based in PHILADELPHIA, PA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in April 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,866,245.00, this ranks 124,350 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 6,531 out of 107,402 organizations in PA (Top 7%).

In philadelphia county, PA, the organization ranks 1,138 out of 13,329 nonprofits by assets (Top 9%), while locally in philadelphia, it stands at 1,135 among 13,133 organizations (Top 9%).

The organization reported no revenue in the most recent filing period, placing it at 1,911,910 nationally and 82,102 in PA.

Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, 1622 MGD FOUNDATION ranks 6,168 in assets (Top 20%) and 10,039 in revenue (Top 33%).

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$42,951.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2018
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,866,245.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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