MCT ENDOWMENT CORPORATION
MIDLAND,
Texas,
79705
EIN: 83-0754325
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
2000 W WADLEY AVE
79705
COUNTY
midland county, TX
IN CARE OF NAME
CHAIRMAN
ORGANIZATIONAL OVERVIEW & RANKINGS
MCT ENDOWMENT CORPORATION is a based in MIDLAND, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in August 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $6,725,284.00, this ranks 75,318 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 4,524 out of 202,022 organizations in TX (Top 3%).
In midland county, TX, the organization ranks 72 out of 1,152 nonprofits by assets (Top 6%), while locally in midland, it stands at 71 among 1,151 organizations (Top 6%).
The organization reported annual revenue of $428,232.00, ranking 198,643 nationally (Top 8%) and 11,813 in TX (Top 6%).
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, MCT ENDOWMENT CORPORATION ranks 3,433 in assets (Top 12%) and 302 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return 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
T20: Private Grantmaking Foundations
FOUNDATION CODE
22: 509(a)(3) Type II
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$428,232.00
FORM 990 REVENUE AMOUNT
$428,232.00
RULING DATE
08/2023
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$6,725,284.00
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
