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DEMOGRAPHIC

ADDRESS
14 SCHEURMAN TER
07059
COUNTY
somerset county, NJ

ORGANIZATIONAL OVERVIEW & RANKINGS

POWER OF PENNIES is a based in WARREN, NJ, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in February 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $35,353.00, this ranks 608,742 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 17,278 out of 72,131 organizations in NJ (Top 24%).

In somerset county, NJ, the organization ranks 807 out of 2,812 nonprofits by assets (Top 29%), while locally in warren, it stands at 76 among 206 organizations (Top 35%).

The organization reported no revenue in the most recent filing period, placing it at 1,843,567 nationally and 51,311 in NJ.

Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, POWER OF PENNIES ranks 1,529 in assets (Top 14%) and 8,203 in revenue (Top 72%).

The organization files a 990 - Not required to file(all other) 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
T50: Philanthropy, Charity, Voluntarism Promotion, General
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$11,306.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2022
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$35,353.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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