INDUSTRIAL COMMONS
MORGANTON,
North Carolina,
28655
EIN: 47-2080338
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
617 CARBON CITY RD
28655
COUNTY
burke county, NC
IN CARE OF NAME
MOLLY HEMSTREET
ORGANIZATIONAL OVERVIEW & RANKINGS
INDUSTRIAL COMMONS is a based in MORGANTON, NC, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in April 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $6,820,044.00, this ranks 74,680 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,737 out of 80,207 organizations in NC (Top 3%).
In burke county, NC, the organization ranks 13 out of 471 nonprofits by assets (Top 3%), while locally in morganton, it stands at 10 among 337 organizations (Top 3%).
The organization reported annual revenue of $2,647,034.00, ranking 71,956 nationally (Top 3%) and 1,812 in NC (Top 3%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, INDUSTRIAL COMMONS ranks 104 in assets (Top 5%) and 88 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return 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
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,637,093.00
FORM 990 REVENUE AMOUNT
$2,647,034.00
RULING DATE
04/2015
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$6,820,044.00
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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