NORTH CAROLINA TEXTILE FOUNDATION INC
RALEIGH,
North Carolina,
27695
EIN: 56-6045324
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
NCSU BOX 7207
27695
COUNTY
wake county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
NORTH CAROLINA TEXTILE FOUNDATION INC is a based in RALEIGH, NC, focused on Educational Institutions and Related Activities causes , specifically Single Organization Support. Established in August 1943, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $84,202,750.00, this ranks 12,118 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 285 out of 80,207 organizations in NC (Top 1%).
In wake county, NC, the organization ranks 39 out of 10,332 nonprofits by assets (Top 1%), while locally in raleigh, it stands at 29 among 6,106 organizations (Top 1%).
The organization reported annual revenue of $6,538,403.00, ranking 40,434 nationally (Top 2%) and 955 in NC (Top 2%).
Within its specific NTEE classification (B11 - B: Educational Institutions and Related Activities), which includes 16,737 similar organizations, NORTH CAROLINA TEXTILE FOUNDATION INC ranks 80 in assets (Top 1%) and 133 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other school related activities
Gifts grants or loans to other organizations
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B11: Single Organization Support
FOUNDATION CODE
13: Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$60,057,067.00
FORM 990 REVENUE AMOUNT
$6,538,403.00
RULING DATE
08/1943
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$84,202,750.00
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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