TOWERCARES FOUNDATION INC
LAUREL,
Maryland,
20707
EIN: 47-4164006
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
7901 SANDY SPRING ROAD 4TH FLOOR
20707
COUNTY
prince georges county, MD
IN CARE OF NAME
RICHARD STAFFORD
ORGANIZATIONAL OVERVIEW & RANKINGS
TOWERCARES FOUNDATION INC is a based in LAUREL, MD, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising Organizations That Cross Categories. Established in September 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,091,044.00, this ranks 205,702 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 4,199 out of 58,073 organizations in MD (Top 8%).
In prince georges county, MD, the organization ranks 338 out of 10,104 nonprofits by assets (Top 4%), while locally in laurel, it stands at 35 among 966 organizations (Top 4%).
The organization reported annual revenue of $707,207.00, ranking 152,152 nationally (Top 6%) and 3,213 in MD (Top 6%).
Within its specific NTEE classification (T70 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,160 similar organizations, TOWERCARES FOUNDATION INC ranks 260 in assets (Top 12%) and 197 in revenue (Top 9%).
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T70: Fund Raising Organizations That Cross Categories
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
5: $500,000 to $999,999
INCOME AMOUNT
$721,989.00
FORM 990 REVENUE AMOUNT
$707,207.00
RULING DATE
09/2015
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,091,044.00
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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