DEMOGRAPHIC
ADDRESS
4921 SIX FORKS RD
27609
COUNTY
wake county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
CAPITAL TOWERS INC is a based in RALEIGH, NC, focused on Housing, Shelter causes . Established in July 1971, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $299,167.00, this ranks 357,088 among 2,656,690 nonprofits nationally (Top 14%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 9,216 out of 80,207 organizations in NC (Top 12%).
In wake county, NC, the organization ranks 1,231 out of 10,332 nonprofits by assets (Top 12%), while locally in raleigh, it stands at 978 among 6,106 organizations (Top 16%).
The organization reported no revenue in the most recent filing period, placing it at 1,804,420 nationally and 54,224 in NC.
Within its specific NTEE classification (L22Z - L: Housing, Shelter), which includes 1,029 similar organizations, CAPITAL TOWERS INC ranks 827 in assets (Top 80%) and 991 in revenue (Top 97%).
Note: This organization's tax-exempt status was temporarily revoked on August 15, 2023 .
The organization files a 990 (all other) or 990EZ return and operates on a February fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Aid to the handicapped see also 031
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
N/A
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 current revocation appears on the IRS revocation list
Revoked: Tuesday, August 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
03/2020
ACCOUNTING PERIOD
03
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$5,375,081.00
FORM 990 REVENUE AMOUNT
($1,687,900.00)
RULING DATE
07/1971
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$299,167.00
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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