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DEMOGRAPHIC

ADDRESS
10513 FLENNIGAN WAY
28277
COUNTY
mecklenburg county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

5MPOWER FOUNDATION is a based in CHARLOTTE, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Corporate Foundations. Established in January 2012, it operates as an independent trust and contributions to this organization are tax-deductible .

With total assets of $665,295.00, this ranks 259,193 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,748 out of 80,207 organizations in NC (Top 9%).

In mecklenburg county, NC, the organization ranks 823 out of 10,149 nonprofits by assets (Top 9%), while locally in charlotte, it stands at 704 among 8,464 organizations (Top 9%).

The organization reported no revenue in the most recent filing period, placing it at 1,873,634 nationally and 58,169 in NC.

Within its specific NTEE classification (T21 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,349 similar organizations, 5MPOWER FOUNDATION ranks 1,207 in assets (Top 36%) and 1,800 in revenue (Top 54%).

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

CLASSIFICATION

ORGANIZATION CODE
2: Trust
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
T21: Corporate Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$23,129.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
01/2012
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$665,295.00
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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