LOCAL ENTERPRISE ASSISTANCE FUND INC
BOSTON,
Massachusetts,
02135
EIN: 04-2763724
Employment, Job-Related
DEMOGRAPHIC
ADDRESS
386 WESTERN AVE
02135
COUNTY
suffolk county, MA
ORGANIZATIONAL OVERVIEW & RANKINGS
LOCAL ENTERPRISE ASSISTANCE FUND INC is a based in BOSTON, MA, focused on Employment, Job-Related causes , specifically Nonmonetary Support N.E.C.. Established in June 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $26,238,896.00, this ranks 29,700 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,175 out of 58,562 organizations in MA (Top 3%).
In suffolk county, MA, the organization ranks 455 out of 8,887 nonprofits by assets (Top 6%), while locally in boston, it stands at 378 among 5,766 organizations (Top 7%).
The organization reported annual revenue of $3,524,747.00, ranking 60,397 nationally (Top 3%) and 2,112 in MA (Top 4%).
Within its specific NTEE classification (J19 - J: Employment, Job-Related), which includes 115 similar organizations, LOCAL ENTERPRISE ASSISTANCE FUND INC ranks 1 in assets (Top 1%) and 6 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a April fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other activity aimed t combating community deterioration
Attracting new industry or retaining industry in an area
Supplying money goods or services to the poor
NTEE COMMON CODE
J: Employment, Job-Related
NTEE CODE
J19: Nonmonetary Support N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
05/2023
ACCOUNTING PERIOD
05
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,524,747.00
FORM 990 REVENUE AMOUNT
$3,524,747.00
RULING DATE
06/2020
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$26,238,896.00
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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