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NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS

CHERRYVILLE, North Carolina, 28021

EIN: 20-0767664

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
PO BOX 1090
28021
COUNTY
gaston county, NC
IN CARE OF NAME
CLYDE ARROWOOD

ORGANIZATIONAL OVERVIEW & RANKINGS

NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS is a based in CHERRYVILLE, NC, focused on Community Improvement, Capacity Building causes , specifically Promotion of Business. Established in October 2006, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $5,161,394.00, this ranks 88,650 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,070 out of 80,207 organizations in NC (Top 3%).

In gaston county, NC, the organization ranks 38 out of 1,341 nonprofits by assets (Top 3%), while locally in cherryville, it stands at 1 among 62 organizations (Top 1%).

The organization reported annual revenue of $3,059,941.00, ranking 65,918 nationally (Top 3%) and 1,626 in NC (Top 3%).

Within its specific NTEE classification (S41 - S: Community Improvement, Capacity Building), which includes 21,510 similar organizations, NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS ranks 350 in assets (Top 2%) and 453 in revenue (Top 3%).

The organization files a 990 (all other) or 990EZ return and operates on a February fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S41: Promotion of Business
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
03/2023
ACCOUNTING PERIOD
03
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$4,282,577.00
FORM 990 REVENUE AMOUNT
$3,059,941.00
RULING DATE
10/2006
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$5,161,394.00
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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