MISSION
MYB Foundation is a private foundation by Mechel and Yitty Berkowitz, which is used as a charity account.
DEMOGRAPHIC
ADDRESS
777 BEDFORD AVE APT 5B
11205
COUNTY
kings county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
MYB FOUNDATION is a based in BROOKLYN, NY, focused on Unknown causes , specifically Unknown. Established in June 2019, it operates as an independent trust and contributions to this organization are tax-deductible .
With total assets of $113,822.00, this ranks 478,871 among 2,656,690 nonprofits nationally (Top 19%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 37,474 out of 159,053 organizations in NY (Top 24%).
In kings county, NY, the organization ranks 3,046 out of 18,995 nonprofits by assets (Top 17%), while locally in brooklyn, it stands at 3,037 among 18,866 organizations (Top 17%).
The organization reported no revenue in the most recent filing period, placing it at 1,839,475 nationally and 150,343 in NY.
Within its specific NTEE classification (Z99 - Z: Unknown), which includes 8,481 similar organizations, MYB FOUNDATION ranks 1,260 in assets (Top 15%) and 6,889 in revenue (Top 82%).
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
2: Trust
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
Z: Unknown
NTEE CODE
Z99: Unknown
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
$111,905.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2019
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$113,822.00
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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