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Greater Impact!

MISSION

The mission of PHETE Foundation is to provide community development programs, through workforce development, education and financial literacy, health and human development, image and branding. We will Promote Human Excellence Through Empowerment.

 FORM 1023-EZ for PHETE FOUNDATION

PHETEFOUNDATION.ORG

DEMOGRAPHIC

ADDRESS
16011 LANCASTER HWY SUITE A121
28277
COUNTY
mecklenburg county, NC
IN CARE OF NAME
SHELTON BROWN

ORGANIZATIONAL OVERVIEW & RANKINGS

PHETE FOUNDATION is a based in CHARLOTTE, NC, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in May 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,114,196 among 2,656,690 nonprofits nationally (Top 42%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 32,739 out of 80,207 organizations in NC (Top 41%).

In mecklenburg county, NC, the organization ranks 4,469 out of 10,149 nonprofits by assets (Top 44%), while locally in charlotte, it stands at 3,511 among 8,464 organizations (Top 42%).

The organization reported no revenue in the most recent filing period, placing it at 1,769,600 nationally and 26,338 in NC.

Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, PHETE FOUNDATION ranks 14,434 in assets (Top 73%) and 12,087 in revenue (Top 61%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at PHETEFOUNDATION.ORG.

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
S: Community Improvement, Capacity Building
NTEE CODE
S20: Community, Neighborhood Development, Improvement (General)
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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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