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ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION COMMUNITY BETTERMENT FOUNDATION

ASHEVILLE, North Carolina, 28802

EIN: 56-1762978

Philanthropy, Voluntarism and Grantmaking Foundations

DEMOGRAPHIC

ADDRESS
PO BOX 1010
28802
COUNTY
buncombe county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION COMMUNITY BETTERMENT FOUNDATION is a based in ASHEVILLE, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Community Foundations. Established in April 1992, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,151,279.00, this ranks 145,393 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 3,571 out of 80,207 organizations in NC (Top 5%).

In buncombe county, NC, the organization ranks 153 out of 2,658 nonprofits by assets (Top 6%), while locally in asheville, it stands at 121 among 1,821 organizations (Top 7%).

The organization reported annual revenue of $3,782,364.00, ranking 57,681 nationally (Top 3%) and 1,425 in NC (Top 2%).

Within its specific NTEE classification (T31 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 4,422 similar organizations, ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION COMMUNITY BETTERMENT FOUNDATION ranks 687 in assets (Top 16%) and 254 in revenue (Top 6%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Community service organization
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T31: Community Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,782,364.00
FORM 990 REVENUE AMOUNT
$3,782,364.00
RULING DATE
04/1992
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,151,279.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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