Foundation of the New Jersey District of Kiwanis International

Analysis

Foundation of the New Jersey District of Kiwanis International is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation of the New Jersey District of Kiwanis International reported income of $69k and spending of $58k, spending 83% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $66k to $69k (+5.2%), an average of +5.2% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation of the New Jersey District of Kiwanis International sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Association of Chinese American Professionals ($69k), Granville Music Boosters Corporation ($69k) and Lake Windward Elementary School PTO Inc ($69k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 71% and program service revenue 11% of the total. At year end it held assets of $352k against liabilities of $0, net assets of $352k.