IBC FOUNDATION
LAREDO,
Texas,
78040
EIN: 74-2902265
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
1200 SAN BERNARDO AVE
78040
COUNTY
webb county, TX
IN CARE OF NAME
IMELDA NAVARRO
ORGANIZATIONAL OVERVIEW & RANKINGS
IBC FOUNDATION is a based in LAREDO, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Corporate Foundations. Established in April 1999, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $4,644,639.00, this ranks 94,470 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 5,732 out of 202,022 organizations in TX (Top 3%).
In webb county, TX, the organization ranks 21 out of 677 nonprofits by assets (Top 3%), while locally in laredo, it stands at 20 among 663 organizations (Top 3%).
The organization reported no revenue in the most recent filing period, placing it at 1,815,632 nationally and 134,373 in TX.
Within its specific NTEE classification (T21 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,349 similar organizations, IBC FOUNDATION ranks 480 in assets (Top 15%) and 1,155 in revenue (Top 34%).
The organization files a 990 - Not required to file(all other) 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
T21: Corporate Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,792,705.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/1999
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$4,644,639.00
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.
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