MAGIC CHARITABLE FOUNDATION
METTAWA,
Illinois,
60048
EIN: 27-4375952
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
27115 N MEADOWOODS LN
60048
COUNTY
lake county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGIC CHARITABLE FOUNDATION is a based in METTAWA, IL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Corporate Foundations. Established in June 2013, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $948,444.00, this ranks 220,279 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 9,682 out of 106,037 organizations in IL (Top 10%).
In lake county, IL, the organization ranks 465 out of 4,992 nonprofits by assets (Top 10%), while locally in mettawa, it stands at 5 among 16 organizations (Top 5%).
The organization reported no revenue in the most recent filing period, placing it at 1,920,480 nationally and 77,444 in IL.
Within its specific NTEE classification (T21 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,349 similar organizations, MAGIC CHARITABLE FOUNDATION ranks 1,060 in assets (Top 32%) and 1,674 in revenue (Top 50%).
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
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T21: Corporate Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$247,808.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2013
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$948,444.00
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
