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MISSION

To provide free library programs to the public, and to collect and share library materials in a variety of formats such as physical, digital, and bibliographic in the Portuguese language with the mission of promoting this language heritage.

 FORM 1023-EZ for BIBLIOTECA LIB INC

DEMOGRAPHIC

ADDRESS
34R NORTH ST APT 14B
02144
COUNTY
middlesex county, MA

ORGANIZATIONAL OVERVIEW & RANKINGS

BIBLIOTECA LIB INC is a based in SOMERVILLE, MA, focused on Educational Institutions and Related Activities causes , specifically Libraries. Established in May 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,187,892 among 2,656,690 nonprofits nationally (Top 83%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 55,361 out of 58,562 organizations in MA (Top 95%).

In middlesex county, MA, the organization ranks 13,028 out of 14,370 nonprofits by assets (Top 91%), while locally in somerville, it stands at 484 among 550 organizations (Top 87%).

The organization reported no revenue in the most recent filing period, placing it at 2,363,344 nationally and 47,273 in MA.

Within its specific NTEE classification (B70 - B: Educational Institutions and Related Activities), which includes 2,878 similar organizations, BIBLIOTECA LIB INC ranks 2,836 in assets (Top 99%) and 2,836 in revenue (Top 99%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .

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
B: Educational Institutions and Related Activities
NTEE CODE
B70: Libraries
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

Note: A past revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
Data current as of Oct. 2024
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2024
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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