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FRIENDS FOUNDATION OF THE CAROLINAS

CHARLOTTE, North Carolina, 28203

EIN: 92-0441960

Human Services - Multipurpose and Other

DEMOGRAPHIC

ADDRESS
916 EAST BLVD
28203
COUNTY
mecklenburg county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

FRIENDS FOUNDATION OF THE CAROLINAS is a based in CHARLOTTE, NC, focused on Human Services - Multipurpose and Other causes , specifically Services to Promote the Independence of Specific Populations. Established in December 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $149,940.00, this ranks 444,651 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 11,376 out of 80,207 organizations in NC (Top 15%).

In mecklenburg county, NC, the organization ranks 1,324 out of 10,149 nonprofits by assets (Top 13%), while locally in charlotte, it stands at 1,131 among 8,464 organizations (Top 14%).

The organization reported annual revenue of $597,277.00, ranking 166,645 nationally (Top 7%) and 4,626 in NC (Top 6%).

Within its specific NTEE classification (P80 - P: Human Services - Multipurpose and Other), which includes 10,215 similar organizations, FRIENDS FOUNDATION OF THE CAROLINAS ranks 1,632 in assets (Top 16%) and 740 in revenue (Top 8%).

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
P: Human Services - Multipurpose and Other
NTEE CODE
P80: Services to Promote the Independence of Specific Populations
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

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$615,402.00
FORM 990 REVENUE AMOUNT
$597,277.00
RULING DATE
12/2022
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$149,940.00
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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