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DEMOGRAPHIC

ADDRESS
PO BOX 562133
28256
COUNTY
mecklenburg county, NC
IN CARE OF NAME
MOSES FOX

ORGANIZATIONAL OVERVIEW & RANKINGS

BEAM FOUNDATION is a based in CHARLOTTE, NC, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in August 1997, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $223,093.00, this ranks 394,107 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 10,105 out of 80,207 organizations in NC (Top 13%).

In mecklenburg county, NC, the organization ranks 1,172 out of 10,149 nonprofits by assets (Top 12%), while locally in charlotte, it stands at 997 among 8,464 organizations (Top 12%).

The organization reported annual revenue of $200,646.00, ranking 287,385 nationally (Top 11%) and 8,430 in NC (Top 11%).

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, BEAM FOUNDATION ranks 4,440 in assets (Top 14%) and 1,556 in revenue (Top 5%).

The organization files a 990 (all other) or 990EZ return 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
Described in section 170 b 1 a vi of the Code
Scholarships other
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
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
4: $100,000 to $499,999
INCOME AMOUNT
$200,646.00
FORM 990 REVENUE AMOUNT
$200,646.00
RULING DATE
08/1997
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$223,093.00
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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