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HYDROCEPHALUS RACING TEAM INC HYDROCEPHALUS RACING TEAM

BROOKLYN, New York, 11222

EIN: 83-3605273

Diseases, Disorders, Medical Disciplines

MISSION

Our organization increases awareness for a brain condition called hydrocephalus through motorsports. We race cars in several racing series in order to bring awareness to the condition. We also bring hydrocephalus patients to our events.

 FORM 1023-EZ for HYDROCEPHALUS RACING TEAM INC HYDROCEPHALUS RACING TEAM

HYDROCEPHALUSRACINGTEAM.COM

DEMOGRAPHIC

ADDRESS
300 KINGSLAND AVENUE
11222
COUNTY
kings county, NY
IN CARE OF NAME
BENNETT WILSON

ORGANIZATIONAL OVERVIEW & RANKINGS

HYDROCEPHALUS RACING TEAM INC HYDROCEPHALUS RACING TEAM is a based in BROOKLYN, NY, focused on Diseases, Disorders, Medical Disciplines causes , specifically Alliance/Advocacy Organizations. Established in April 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1.00, this ranks 816,861 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 62,613 out of 159,053 organizations in NY (Top 40%).

In kings county, NY, the organization ranks 6,101 out of 18,995 nonprofits by assets (Top 33%), while locally in brooklyn, it stands at 6,080 among 18,866 organizations (Top 33%).

The organization reported annual revenue of $2,200.00, ranking 618,384 nationally (Top 24%) and 43,997 in NY (Top 28%).

Within its specific NTEE classification (G01 - G: Diseases, Disorders, Medical Disciplines), which includes 754 similar organizations, HYDROCEPHALUS RACING TEAM INC HYDROCEPHALUS RACING TEAM ranks 155 in assets (Top 20%) and 112 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. Additional information can be found at HYDROCEPHALUSRACINGTEAM.COM.

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
G: Diseases, Disorders, Medical Disciplines
NTEE CODE
G01: Alliance/Advocacy Organizations
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$2,200.00
FORM 990 REVENUE AMOUNT
$2,200.00
RULING DATE
04/2019
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
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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