MAGELLAN EDUCATION FOUNDATION INC
RALEIGH,
North Carolina,
27615
EIN: 20-3971056
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
9324 BAILEYWICK RD
27615
COUNTY
wake county, NC
IN CARE OF NAME
MS GINA RIGGINS
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGELLAN EDUCATION FOUNDATION INC is a based in RALEIGH, NC, focused on Educational Institutions and Related Activities causes , specifically Single Organization Support. Established in September 2006, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $7,474,445.00, this ranks 70,606 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,639 out of 80,207 organizations in NC (Top 3%).
In wake county, NC, the organization ranks 242 out of 10,332 nonprofits by assets (Top 3%), while locally in raleigh, it stands at 191 among 6,106 organizations (Top 4%).
The organization reported annual revenue of $365,340.00, ranking 215,493 nationally (Top 9%) and 6,181 in NC (Top 8%).
Within its specific NTEE classification (B11 - B: Educational Institutions and Related Activities), which includes 16,737 similar organizations, MAGELLAN EDUCATION FOUNDATION INC ranks 501 in assets (Top 3%) and 952 in revenue (Top 6%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
B11: Single Organization Support
FOUNDATION CODE
17: Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$365,340.00
FORM 990 REVENUE AMOUNT
$365,340.00
RULING DATE
09/2006
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$7,474,445.00
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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