DEMOGRAPHIC
ADDRESS
1519 UNION AVE UNIT 320
38104
COUNTY
shelby county, TN
ORGANIZATIONAL OVERVIEW & RANKINGS
CONVERGENCE MEMPHIS INC is a based in MEMPHIS, TN, focused on Housing, Shelter causes , specifically Housing Support Services -- Other. Established in October 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $368,594.00, this ranks 330,623 among 2,656,690 nonprofits nationally (Top 13%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 5,299 out of 52,500 organizations in TN (Top 11%).
In shelby county, TN, the organization ranks 922 out of 12,814 nonprofits by assets (Top 8%), while locally in memphis, it stands at 726 among 10,368 organizations (Top 7%).
The organization reported annual revenue of $433,666.00, ranking 197,381 nationally (Top 8%) and 3,555 in TN (Top 7%).
Within its specific NTEE classification (L80 - L: Housing, Shelter), which includes 2,788 similar organizations, CONVERGENCE MEMPHIS INC ranks 462 in assets (Top 17%) and 265 in revenue (Top 10%).
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
L: Housing, Shelter
NTEE CODE
L80: Housing Support Services -- Other
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$433,666.00
FORM 990 REVENUE AMOUNT
$433,666.00
RULING DATE
10/2021
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$368,594.00
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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