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NEW HANOVER COMMUNITY ENDOWMENT INC

WILMINGTON, North Carolina, 28406

EIN: 85-3563370

Philanthropy, Voluntarism and Grantmaking Foundations

DEMOGRAPHIC

ADDRESS
PO BOX 4730
28406
COUNTY
new hanover county, NC
IN CARE OF NAME
SPENCE BROADHURST

ORGANIZATIONAL OVERVIEW & RANKINGS

NEW HANOVER COMMUNITY ENDOWMENT INC is a based in WILMINGTON, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Community Foundations. Established in June 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1,208,160,901.00, this ranks 1,124 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 31 out of 80,207 organizations in NC (Top 1%).

In new hanover county, NC, the organization ranks 1 out of 1,906 nonprofits by assets (Top 1%), while locally in wilmington, it stands at 1 among 1,692 organizations (Top 1%).

The organization reported no revenue in the most recent filing period, placing it at 1,804,602 nationally and 54,231 in NC.

Within its specific NTEE classification (T31 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 4,422 similar organizations, NEW HANOVER COMMUNITY ENDOWMENT INC ranks 3 in assets (Top 1%) and 3,624 in revenue (Top 82%).

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
T31: Community Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$1,558,927,716.00
FORM 990 REVENUE AMOUNT
($36,712,168.00)
RULING DATE
06/2021
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$1,208,160,901.00
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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