BANKNEWPORT CHARITABLE FOUNDATION
MIDDLETOWN,
Rhode Island,
02842
EIN: 88-2461260
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
184 JOHN CLARKE RD
02842
COUNTY
newport county, RI
ORGANIZATIONAL OVERVIEW & RANKINGS
BANKNEWPORT CHARITABLE FOUNDATION is a based in MIDDLETOWN, RI, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Corporate Foundations. Established in September 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $12,000,132.00, this ranks 51,911 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 243 out of 9,151 organizations in RI (Top 3%).
In newport county, RI, the organization ranks 25 out of 916 nonprofits by assets (Top 3%), while locally in middletown, it stands at 7 among 167 organizations (Top 4%).
The organization reported no revenue in the most recent filing period, placing it at 1,809,115 nationally and 6,895 in RI.
Within its specific NTEE classification (T21 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,349 similar organizations, BANKNEWPORT CHARITABLE FOUNDATION ranks 262 in assets (Top 8%) and 945 in revenue (Top 28%).
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
T21: Corporate Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$12,000,132.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2022
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$12,000,132.00
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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