Orono-Old Town Kiwanis Charities

Analysis

Orono-Old Town Kiwanis Charities is a registered charity in United States, based in Orono, ME. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Orono-Old Town Kiwanis Charities reported income of $60k and spending of $53k, spending 88% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $50k to $60k (+19%), an average of +19% a year. The sharpest change came in the year to September 2024, when income rose by 19%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Orono-Old Town Kiwanis Charities sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 16th percentile within ME. Charities of a similar size with the same main cause include Tranzformers Foundation Inc ($60k), Wright Track ($60k) and Caring Hearts Helping Hands Inc ($60k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.