RACE OF WISDOM
LEESBURG,
Virginia,
20176
EIN: 85-4343033
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations.
raceofwisdom.orgDEMOGRAPHIC
ADDRESS
13441 ARCADIAN DR
20176
COUNTY
loudoun county, VA
IN CARE OF NAME
FELIX P GBEE
ORGANIZATIONAL OVERVIEW & RANKINGS
RACE OF WISDOM is a based in LEESBURG, VA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Single Organization Support. Established in May 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,198,158 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 39,363 out of 73,265 organizations in VA (Top 54%).
In loudoun county, VA, the organization ranks 1,100 out of 3,120 nonprofits by assets (Top 35%), while locally in leesburg, it stands at 481 among 787 organizations (Top 61%).
The organization reported no revenue in the most recent filing period, placing it at 1,084,373 nationally and 37,143 in VA.
Within its specific NTEE classification (T11 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 1,980 similar organizations, RACE OF WISDOM ranks 1,592 in assets (Top 80%) and 1,247 in revenue (Top 63%).
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 raceofwisdom.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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T11: Single Organization Support
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
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
05/2021
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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