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DEMOGRAPHIC

ADDRESS
C/O THE GATHERING SPOT 1720 I STREE
20006
COUNTY
district of columbia county, DC
IN CARE OF NAME
THE GATHERING SPOT

ORGANIZATIONAL OVERVIEW & RANKINGS

INNOVATION FOR EQUITY INC is a based in WASHINGTON, DC, focused on Educational Institutions and Related Activities causes , specifically Educational Services and Schools - Other. Established in April 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $723,800.00, this ranks 249,809 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 3,848 out of 21,233 organizations in DC (Top 19%).

In district of columbia county, DC, the organization ranks 3,833 out of 21,142 nonprofits by assets (Top 19%), while locally in washington, it stands at 3,835 among 21,053 organizations (Top 19%).

The organization reported annual revenue of $366,159.00, ranking 215,242 nationally (Top 9%) and 4,403 in DC (Top 21%).

Within its specific NTEE classification (B90 - B: Educational Institutions and Related Activities), which includes 26,661 similar organizations, INNOVATION FOR EQUITY INC ranks 1,253 in assets (Top 5%) and 1,888 in revenue (Top 8%).

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
B: Educational Institutions and Related Activities
NTEE CODE
B90: Educational Services and Schools - Other
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
4: $100,000 to $499,999
INCOME AMOUNT
$366,159.00
FORM 990 REVENUE AMOUNT
$366,159.00
RULING DATE
04/2020
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$723,800.00
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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