MISSION
To raise funds for charity purposes. To form a corpus investment fund and use the income generated from the fund for charitable purposes. To educate students about fundamentals of investing, how to grow the investments, importance of charity.
DEMOGRAPHIC
ADDRESS
501 OAK GROVE LN
75019
COUNTY
dallas county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
CHARITABLE INVESTMENTS CLUB is a based in COPPELL, TX, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in December 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,753,027 among 2,656,690 nonprofits nationally (Top 66%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 67,936 out of 202,022 organizations in TX (Top 34%).
In dallas county, TX, the organization ranks 14,585 out of 26,443 nonprofits by assets (Top 56%), while locally in coppell, it stands at 307 among 438 organizations (Top 68%).
The organization reported no revenue in the most recent filing period, placing it at 754,133 nationally and 119,515 in TX.
Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, CHARITABLE INVESTMENTS CLUB ranks 7,726 in assets (Top 47%) and 5,936 in revenue (Top 36%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
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
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
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: 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.
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2020
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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