MAGYAR BANK CHARITABLE FOUNDATION
NEW BRUNSWICK,
New Jersey,
08901
EIN: 20-4154914
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
400 SOMERSET ST
08901
COUNTY
middlesex county, NJ
IN CARE OF NAME
JAY CASTILLO
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGYAR BANK CHARITABLE FOUNDATION is a based in NEW BRUNSWICK, NJ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in July 2007, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $663,669.00, this ranks 259,468 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,830 out of 72,131 organizations in NJ (Top 10%).
In middlesex county, NJ, the organization ranks 473 out of 5,685 nonprofits by assets (Top 9%), while locally in new brunswick, it stands at 66 among 441 organizations (Top 14%).
The organization reported no revenue in the most recent filing period, placing it at 1,873,691 nationally and 64,332 in NJ.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, MAGYAR BANK CHARITABLE FOUNDATION ranks 12,758 in assets (Top 41%) and 10,844 in revenue (Top 35%).
The organization files a 990 - Not required to file(all other) and operates on a August 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
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$116,286.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2007
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$663,669.00
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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