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FEDERATION OF BLACK & MINORITY BUSINESSES

PHILADELPHIA, Pennsylvania, 19118

EIN: 85-1402915

Social Science Research Institutes, Services

DEMOGRAPHIC

ADDRESS
PO BOX 27061
19118
COUNTY
philadelphia county, PA

ORGANIZATIONAL OVERVIEW & RANKINGS

FEDERATION OF BLACK & MINORITY BUSINESSES is a based in PHILADELPHIA, PA, focused on Social Science Research Institutes, Services causes , specifically Alliance/Advocacy Organizations. Established in August 2023, it operates as an independent association and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,218,326 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 51,906 out of 107,402 organizations in PA (Top 49%).

In philadelphia county, PA, the organization ranks 6,363 out of 13,329 nonprofits by assets (Top 48%), while locally in philadelphia, it stands at 6,172 among 13,133 organizations (Top 47%).

The organization reported no revenue in the most recent filing period, placing it at 1,090,482 nationally and 37,097 in PA.

Within its specific NTEE classification (V01 - V: Social Science Research Institutes, Services), which includes 74 similar organizations, FEDERATION OF BLACK & MINORITY BUSINESSES ranks 35 in assets (Top 35%) and 32 in revenue (Top 32%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .

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
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
V: Social Science Research Institutes, Services
NTEE CODE
V01: Alliance/Advocacy Organizations
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: Monday, May 15, 2023;

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.

Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2023
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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