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BEACON CENTER FOR EQUITY AND HOPE INC

SUMMIT, New Jersey, 07901

EIN: 85-4282452

Philanthropy, Voluntarism and Grantmaking Foundations

DEMOGRAPHIC

ADDRESS
4 WALDRON AVE
07901
COUNTY
union county, NJ
IN CARE OF NAME
JOSEPH B PARSONS

ORGANIZATIONAL OVERVIEW & RANKINGS

BEACON CENTER FOR EQUITY AND HOPE INC is a based in SUMMIT, NJ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $44,039.00, this ranks 587,946 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,539 out of 72,131 organizations in NJ (Top 23%).

In union county, NJ, the organization ranks 912 out of 4,232 nonprofits by assets (Top 22%), while locally in summit, it stands at 125 among 290 organizations (Top 42%).

The organization reported annual revenue of $65,525.00, ranking 460,361 nationally (Top 18%) and 12,204 in NJ (Top 17%).

Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, BEACON CENTER FOR EQUITY AND HOPE INC ranks 4,983 in assets (Top 29%) and 3,824 in revenue (Top 22%).

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
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
FOUNDATION CODE
23: 509(a)(3) Type III functionally integrated
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$65,525.00
FORM 990 REVENUE AMOUNT
$65,525.00
RULING DATE
12/2021
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$44,039.00
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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