DEMOGRAPHIC
ADDRESS
1314 N SANDBURG TER
60610
COUNTY
cook county, IL
IN CARE OF NAME
DIANA LEVIN
ORGANIZATIONAL OVERVIEW & RANKINGS
KARASIK BROTHERS FOUNDATION is a based in CHICAGO, IL . Established in December 1951, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $15,761.00, this ranks 669,445 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 28,290 out of 106,037 organizations in IL (Top 27%).
In cook county, IL, the organization ranks 13,242 out of 46,103 nonprofits by assets (Top 29%), while locally in chicago, it stands at 8,755 among 28,197 organizations (Top 32%).
The organization reported no revenue in the most recent filing period, placing it at 1,847,708 nationally and 73,266 in IL.
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, KARASIK BROTHERS FOUNDATION ranks 195,435 in assets (Top 26%) and 778,377 in revenue (Top 100%).
Note: This organization's tax-exempt status was temporarily revoked on March 15, 2023 .
The organization files a 990 - Not required to file(all other) and operates on a September 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
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, March 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
10/2019
ACCOUNTING PERIOD
10
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$2,866.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/1951
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$15,761.00
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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