HIAS ECONOMIC ADVANCEMENT FUND INC
SILVER SPRING,
Maryland,
20910
EIN: 88-0984307
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
1300 SPRING ST STE 500
20910
COUNTY
montgomery county, MD
ORGANIZATIONAL OVERVIEW & RANKINGS
HIAS ECONOMIC ADVANCEMENT FUND INC is a based in SILVER SPRING, MD, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in May 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $598,517.00, this ranks 271,307 among 2,656,690 nonprofits nationally (Top 11%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 5,481 out of 58,073 organizations in MD (Top 10%).
In montgomery county, MD, the organization ranks 1,320 out of 10,971 nonprofits by assets (Top 12%), while locally in silver spring, it stands at 235 among 2,696 organizations (Top 9%).
The organization reported annual revenue of $703,628.00, ranking 152,577 nationally (Top 6%) and 3,226 in MD (Top 6%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, HIAS ECONOMIC ADVANCEMENT FUND INC ranks 362 in assets (Top 15%) and 248 in revenue (Top 10%).
The organization files a 990 (all other) or 990EZ return and operates on a August 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
S: Community Improvement, Capacity Building
NTEE CODE
S31: Urban, Community Economic Development
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
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$703,628.00
FORM 990 REVENUE AMOUNT
$703,628.00
RULING DATE
05/2024
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$598,517.00
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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