Advertisement
95% of donations are wasted. Find out about yours.

DEMOGRAPHIC

ADDRESS
245 PARK AVE 5TH FL
10167
COUNTY
new york county, NY
IN CARE OF NAME
SOCIETE GENRALE

ORGANIZATIONAL OVERVIEW & RANKINGS

CENTS ABILITY INC is a based in NEW YORK, NY, focused on Educational Institutions and Related Activities causes , specifically Remedial Reading, Reading Encouragement. Established in May 2004, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $86,737.00, this ranks 512,151 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 39,787 out of 159,053 organizations in NY (Top 26%).

In new york county, NY, the organization ranks 11,157 out of 28,878 nonprofits by assets (Top 39%), while locally in new york, it stands at 11,104 among 28,547 organizations (Top 39%).

The organization reported annual revenue of $391,670.00, ranking 207,994 nationally (Top 8%) and 16,404 in NY (Top 11%).

Within its specific NTEE classification (B92 - B: Educational Institutions and Related Activities), which includes 2,193 similar organizations, CENTS ABILITY INC ranks 254 in assets (Top 12%) and 138 in revenue (Top 7%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .

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
B: Educational Institutions and Related Activities
NTEE CODE
B92: Remedial Reading, Reading Encouragement
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

Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;

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.

Data current as of Apr. 2024
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$391,670.00
FORM 990 REVENUE AMOUNT
$391,670.00
RULING DATE
05/2004
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$86,737.00
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.

Recently Saved Organizations

Click on the save icon from a search results or organization page.

Advertisement
Your donation is trash. It does't have to be