GROTTO FOUNDATION INC
CLARK,
New Jersey,
07066
EIN: 81-3381516
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
RICHARD OCONNOR
DEMOGRAPHIC
ADDRESS
77 BRANT AVE STE 105
07066
COUNTY
union county, NJ
ORGANIZATIONAL OVERVIEW & RANKINGS
GROTTO FOUNDATION INC is a based in CLARK, NJ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in January 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,939.00, this ranks 750,141 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 22,296 out of 72,131 organizations in NJ (Top 31%).
In union county, NJ, the organization ranks 1,251 out of 4,232 nonprofits by assets (Top 30%), while locally in clark, it stands at 49 among 150 organizations (Top 25%).
The organization reported annual revenue of $7,130.00, ranking 598,114 nationally (Top 23%) and 17,228 in NJ (Top 24%).
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, GROTTO FOUNDATION INC ranks 2,340 in assets (Top 21%) and 1,532 in revenue (Top 14%).
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
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
T50: Philanthropy, Charity, Voluntarism Promotion, General
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
1: $1 to $9,999
INCOME AMOUNT
$7,130.00
FORM 990 REVENUE AMOUNT
$7,130.00
RULING DATE
01/2017
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1,939.00
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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