DEMOGRAPHIC
ADDRESS
527 BRIDGE ST STE 200
24541
COUNTY
danville city county, VA
IN CARE OF NAME
PHYLLIS KARVATAKIS
ORGANIZATIONAL OVERVIEW & RANKINGS
THE LAUNCH PLACE is a based in DANVILLE, VA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in November 2005, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $7,928,122.00, this ranks 68,073 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,817 out of 73,265 organizations in VA (Top 3%).
In danville city county, VA, the organization ranks 18 out of 494 nonprofits by assets (Top 4%), while locally in danville, it stands at 18 among 495 organizations (Top 4%).
The organization reported annual revenue of $2,569,170.00, ranking 73,262 nationally (Top 3%) and 2,066 in VA (Top 3%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, THE LAUNCH PLACE ranks 183 in assets (Top 4%) and 208 in revenue (Top 5%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
S30: Economic Development
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
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,875,994.00
FORM 990 REVENUE AMOUNT
$2,569,170.00
RULING DATE
11/2005
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$7,928,122.00
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
