KARAKIN FOUNDATION
ABILENE,
Texas,
79601
EIN: 75-2692023
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
400 PINE ST STE 900
79601
COUNTY
taylor county, TX
IN CARE OF NAME
ATKINSON & CO LTD
ORGANIZATIONAL OVERVIEW & RANKINGS
KARAKIN FOUNDATION is a based in ABILENE, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes . Established in May 1997, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $145,162,912.00, this ranks 7,571 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 491 out of 202,022 organizations in TX (Top 1%).
In taylor county, TX, the organization ranks 10 out of 1,075 nonprofits by assets (Top 1%), while locally in abilene, it stands at 9 among 941 organizations (Top 1%).
The organization reported no revenue in the most recent filing period, placing it at 1,805,356 nationally and 133,534 in TX.
Within its specific NTEE classification (T22Z - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,326 similar organizations, KARAKIN FOUNDATION ranks 13 in assets (Top 1%) and 403 in revenue (Top 17%).
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
Gifts grants or loans to other organizations
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$47,674,015.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/1997
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$145,162,912.00
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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