ACCELERATE & ARISE FOUNDATION INC
BROOKLYN,
New York,
11236
EIN: 85-2323155
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
The purpose of our organization is to lead positive Social change and value to our communities, one individual at a time; by Empowering underprivileged children and youth through educational, social, mental training and development as well as assist
DEMOGRAPHIC
ADDRESS
581 E 94TH ST
11236
COUNTY
kings county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
ACCELERATE & ARISE FOUNDATION INC is a based in BROOKLYN, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in November 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,783.00, this ranks 751,879 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 57,888 out of 159,053 organizations in NY (Top 37%).
In kings county, NY, the organization ranks 5,303 out of 18,995 nonprofits by assets (Top 28%), while locally in brooklyn, it stands at 5,289 among 18,866 organizations (Top 28%).
The organization reported annual revenue of $6,000.00, ranking 602,065 nationally (Top 23%) and 42,628 in NY (Top 27%).
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, ACCELERATE & ARISE FOUNDATION INC ranks 2,351 in assets (Top 21%) and 1,557 in revenue (Top 14%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
T50: Philanthropy, Charity, Voluntarism Promotion, General
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$7,500.00
FORM 990 REVENUE AMOUNT
$6,000.00
RULING DATE
11/2020
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1,783.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 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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