POVERTY SOLUTIONS INC
TORRANCE,
California,
90501
EIN: 27-1916296
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
370 AMAPOLA AVE STE 200A
90501
COUNTY
los angeles county, CA
IN CARE OF NAME
FRANK I IGWEALOR
ORGANIZATIONAL OVERVIEW & RANKINGS
POVERTY SOLUTIONS INC is a based in TORRANCE, CA, focused on Community Improvement, Capacity Building causes , specifically Business and Industry. Established in July 2010, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $10,846,692.00, this ranks 55,531 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 5,965 out of 275,729 organizations in CA (Top 3%).
In los angeles county, CA, the organization ranks 1,763 out of 71,287 nonprofits by assets (Top 3%), while locally in torrance, it stands at 23 among 1,483 organizations (Top 2%).
The organization reported annual revenue of $3,825,665.00, ranking 57,288 nationally (Top 3%) and 6,346 in CA (Top 3%).
Within its specific NTEE classification (S40 - S: Community Improvement, Capacity Building), which includes 3,919 similar organizations, POVERTY SOLUTIONS INC ranks 47 in assets (Top 2%) and 60 in revenue (Top 2%).
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
S: Community Improvement, Capacity Building
NTEE CODE
S40: Business and Industry
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
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,825,665.00
FORM 990 REVENUE AMOUNT
$3,825,665.00
RULING DATE
07/2010
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$10,846,692.00
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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