DREXEL FOUNDATION INCORPORATED
MORGANTON,
North Carolina,
28655
EIN: 56-0579548
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
233 WESTWOOD DR
28655
COUNTY
burke county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
DREXEL FOUNDATION INCORPORATED is a based in MORGANTON, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes . Established in April 1954, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,328,918 among 2,656,690 nonprofits nationally (Top 51%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 48,695 out of 80,207 organizations in NC (Top 61%).
In burke county, NC, the organization ranks 153 out of 471 nonprofits by assets (Top 31%), while locally in morganton, it stands at 176 among 337 organizations (Top 47%).
The organization reported annual revenue of $356,347.00, ranking 218,362 nationally (Top 9%) and 6,266 in NC (Top 8%).
Within its specific NTEE classification (T22Z - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,326 similar organizations, DREXEL FOUNDATION INCORPORATED ranks 2,305 in assets (Top 100%) and 58 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a April fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other recreational activities
Other social activities
Other sports or athletic activities
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
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
1: Unconditional Exemption
FINANCIALS
TAX PERIOD
05/2015
ACCOUNTING PERIOD
05
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$394,048.00
FORM 990 REVENUE AMOUNT
$356,347.00
RULING DATE
04/1954
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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