BLACK WEALTH SUMMIT INC
LANHAM,
Maryland,
20706
EIN: 85-2809001
Human Services - Multipurpose and Other
DEMOGRAPHIC
ADDRESS
9501 SHERIDAN ST STE 200
20706
COUNTY
prince georges county, MD
ORGANIZATIONAL OVERVIEW & RANKINGS
BLACK WEALTH SUMMIT INC is a based in LANHAM, MD, focused on Human Services - Multipurpose and Other causes , specifically Financial Counseling, Money Management. Established in November 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $114,520.00, this ranks 478,128 among 2,656,690 nonprofits nationally (Top 18%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 9,287 out of 58,073 organizations in MD (Top 16%).
In prince georges county, MD, the organization ranks 783 out of 10,104 nonprofits by assets (Top 8%), while locally in lanham, it stands at 95 among 571 organizations (Top 16%).
The organization reported annual revenue of $802,454.00, ranking 142,206 nationally (Top 6%) and 2,996 in MD (Top 6%).
Within its specific NTEE classification (P51 - P: Human Services - Multipurpose and Other), which includes 1,518 similar organizations, BLACK WEALTH SUMMIT INC ranks 251 in assets (Top 16%) and 112 in revenue (Top 7%).
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
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P51: Financial Counseling, Money Management
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$802,454.00
FORM 990 REVENUE AMOUNT
$802,454.00
RULING DATE
11/2021
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$114,520.00
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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