PURPOSE AND HOPE INC
BEACHWOOD,
New Jersey,
08722
EIN: 85-3675674
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
301 SHIP AVE
08722
COUNTY
ocean county, NJ
IN CARE OF NAME
KIRSTEN SCHENK
ORGANIZATIONAL OVERVIEW & RANKINGS
PURPOSE AND HOPE INC is a based in BEACHWOOD, NJ, focused on Community Improvement, Capacity Building causes , specifically Fund Raising and/or Fund Distribution. Established in October 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $35,943.00, this ranks 607,252 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 17,228 out of 72,131 organizations in NJ (Top 24%).
In ocean county, NJ, the organization ranks 1,148 out of 4,865 nonprofits by assets (Top 24%), while locally in beachwood, it stands at 8 among 45 organizations (Top 8%).
The organization reported no revenue in the most recent filing period, placing it at 1,843,419 nationally and 51,303 in NJ.
Within its specific NTEE classification (S12 - S: Community Improvement, Capacity Building), which includes 2,077 similar organizations, PURPOSE AND HOPE INC ranks 303 in assets (Top 15%) and 1,428 in revenue (Top 68%).
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.
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
S12: Fund Raising and/or Fund Distribution
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
1: $1 to $9,999
INCOME AMOUNT
$1.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2023
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$35,943.00
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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