ED BANES MEMORIAL SCHOLARSHIP FUND
DREXEL HILL,
Pennsylvania,
19026
EIN: 47-3298729
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
1121 MASON AVE
19026
COUNTY
delaware county, PA
ORGANIZATIONAL OVERVIEW & RANKINGS
ED BANES MEMORIAL SCHOLARSHIP FUND is a based in DREXEL HILL, PA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.. Established in July 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $162,921.00, this ranks 434,203 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 23,568 out of 107,402 organizations in PA (Top 22%).
In delaware county, PA, the organization ranks 894 out of 4,751 nonprofits by assets (Top 19%), while locally in drexel hill, it stands at 17 among 180 organizations (Top 9%).
The organization reported annual revenue of $64,049.00, ranking 463,918 nationally (Top 18%) and 21,783 in PA (Top 21%).
Within its specific NTEE classification (T99 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,590 similar organizations, ED BANES MEMORIAL SCHOLARSHIP FUND ranks 803 in assets (Top 23%) and 420 in revenue (Top 12%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 and was reinstated on May 15, 2018 .
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T99: Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
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
Revoked: Tuesday, May 15, 2018;
Reinstated: Tuesday, May 15, 2018
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$124,559.00
FORM 990 REVENUE AMOUNT
$64,049.00
RULING DATE
07/2019
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$162,921.00
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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