MICHAEL MAGRO FOUNDATION INC
HICKSVILLE,
New York,
11801
EIN: 20-2280077
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
12 JULIAN ST
11801
COUNTY
nassau county, NY
IN CARE OF NAME
PAUL MAGRO
ORGANIZATIONAL OVERVIEW & RANKINGS
MICHAEL MAGRO FOUNDATION INC is a based in HICKSVILLE, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in July 2006, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $74,869.00, this ranks 529,802 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 41,065 out of 159,053 organizations in NY (Top 26%).
In nassau county, NY, the organization ranks 2,888 out of 11,589 nonprofits by assets (Top 25%), while locally in hicksville, it stands at 54 among 285 organizations (Top 18%).
The organization reported annual revenue of $350,663.00, ranking 220,140 nationally (Top 9%) and 17,198 in NY (Top 11%).
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, MICHAEL MAGRO FOUNDATION INC ranks 4,363 in assets (Top 25%) and 1,565 in revenue (Top 9%).
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
T30: Public Foundations
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$350,663.00
FORM 990 REVENUE AMOUNT
$350,663.00
RULING DATE
07/2006
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$74,869.00
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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