Middlesex Kiwanis Foundation

Analysis

Middlesex Kiwanis Foundation is a registered charity in United States, based in Urbanna, VA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Middlesex Kiwanis Foundation reported income of $93k and spending of $79k, spending 85% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $111k to $93k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Middlesex Kiwanis Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Gridley Schools Foundation ($93k), Aspasians ($93k) and Santa Bills Hospital Helpers ($93k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.