MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION
NEWPORT BEACH,
California,
92661
EIN: 92-0416263
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
511 E BALBOA BLVD
92661
COUNTY
orange county, CA
ORGANIZATIONAL OVERVIEW & RANKINGS
MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION is a based in NEWPORT BEACH, CA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in October 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,675,766.00, this ranks 165,678 among 2,656,690 nonprofits nationally (Top 7%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 17,137 out of 275,729 organizations in CA (Top 7%).
In orange county, CA, the organization ranks 1,230 out of 22,453 nonprofits by assets (Top 6%), while locally in newport beach, it stands at 123 among 1,237 organizations (Top 10%).
The organization reported annual revenue of $1,676,668.00, ranking 94,223 nationally (Top 4%) and 10,498 in CA (Top 4%).
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, MICHAEL AND CHRISTINE FARAH FAMILY FOUNDATION ranks 248 in assets (Top 3%) and 95 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
T50: Philanthropy, Charity, Voluntarism Promotion, General
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,676,668.00
FORM 990 REVENUE AMOUNT
$1,676,668.00
RULING DATE
10/2022
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,675,766.00
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.