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MISSION

arrange and provide charitable contributions for educational purpose. We strive to assist children and students who are in need of financial assistance. Our goal in doing so is to ensure their educational enrichment so they can create a better future

 FORM 1023-EZ for HASEM FOUNDATION INC

DEMOGRAPHIC

ADDRESS
3720 74TH ST FL 2ND
11372
COUNTY
queens county, NY
IN CARE OF NAME
MOHAMMED HASEM

ORGANIZATIONAL OVERVIEW & RANKINGS

HASEM FOUNDATION INC is a based in JACKSON HEIGHTS, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in May 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $146.00, this ranks 779,207 among 2,656,690 nonprofits nationally (Top 30%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 60,183 out of 159,053 organizations in NY (Top 38%).

In queens county, NY, the organization ranks 2,894 out of 10,564 nonprofits by assets (Top 28%), while locally in jackson heights, it stands at 43 among 115 organizations (Top 28%).

The organization reported annual revenue of $1,000.00, ranking 626,214 nationally (Top 24%) and 44,628 in NY (Top 29%).

Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, HASEM FOUNDATION INC ranks 7,280 in assets (Top 42%) and 5,985 in revenue (Top 34%).

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
T30: Public Foundations
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
$1,000.00
FORM 990 REVENUE AMOUNT
$1,000.00
RULING DATE
05/2019
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$146.00
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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