FERRO FOUNDATION INC
COMMACK,
New York,
11725
EIN: 81-4817970
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
10 SAMARA CT
11725
COUNTY
suffolk county, NY
IN CARE OF NAME
SALVATORE FERRO
ORGANIZATIONAL OVERVIEW & RANKINGS
FERRO FOUNDATION INC is a based in COMMACK, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in October 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $230,317.00, this ranks 390,083 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 31,301 out of 159,053 organizations in NY (Top 20%).
In suffolk county, NY, the organization ranks 1,572 out of 9,951 nonprofits by assets (Top 16%), while locally in commack, it stands at 30 among 190 organizations (Top 15%).
The organization reported annual revenue of $142,328.00, ranking 338,617 nationally (Top 13%) and 24,869 in NY (Top 16%).
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, FERRO FOUNDATION INC ranks 17,301 in assets (Top 56%) and 548 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a October 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
T20: Private Grantmaking Foundations
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
11/2023
ACCOUNTING PERIOD
11
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$242,164.00
FORM 990 REVENUE AMOUNT
$142,328.00
RULING DATE
10/2017
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$230,317.00
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
