It is a holding company to endow scholarships to children in my hometown. There will be no salaries, or any expenses for that matter. I'll transfer personal funds to this company and set up a endowed scholarship at my highschool
CHARLES EDWARD HOLDINGS is a based in SPARTANBURG, SC, focused on Youth Development causes , specifically Fund Raising and/or Fund Distribution. Established in September 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,414,425 among 2,656,690 nonprofits nationally (Top 91%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 36,788 out of 41,152 organizations in SC (Top 90%).
In spartanburg county, SC, the organization ranks 1,282 out of 1,959 nonprofits by assets (Top 65%), while locally in spartanburg, it stands at 912 among 920 organizations (Top 100%).
The organization reported no revenue in the most recent filing period, placing it at 2,164,492 nationally and 25,137 in SC.
Within its specific NTEE classification (O12 - O: Youth Development), which includes 3,600 similar organizations, CHARLES EDWARD HOLDINGS ranks 3,173 in assets (Top 89%) and 3,064 in revenue (Top 86%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
IRS STATEMENT:
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