GRACE FOUNDATION OF MEMPHIS INC
MEMPHIS,
Tennessee,
38119
EIN: 62-1469984
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
6075 POPLAR AVE STE 130
38119
COUNTY
shelby county, TN
IN CARE OF NAME
COMM FOUND OF GREATER MEMPHIS INC
ORGANIZATIONAL OVERVIEW & RANKINGS
GRACE FOUNDATION OF MEMPHIS INC is a based in MEMPHIS, TN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in May 1992, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $32,094,250.00, this ranks 25,479 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 425 out of 52,500 organizations in TN (Top 1%).
In shelby county, TN, the organization ranks 92 out of 12,814 nonprofits by assets (Top 1%), while locally in memphis, it stands at 80 among 10,368 organizations (Top 1%).
The organization reported no revenue in the most recent filing period, placing it at 1,829,182 nationally and 33,666 in TN.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, GRACE FOUNDATION OF MEMPHIS INC ranks 1,000 in assets (Top 4%) and 19,562 in revenue (Top 63%).
The organization files a 990 - Not required to file(all other) and operates on a March fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other religious activities
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
04/2023
ACCOUNTING PERIOD
04
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$54,755,695.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/1992
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$32,094,250.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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.
