Ben Bay Kiwanis Foundation Inc

Analysis

Ben Bay Kiwanis Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1998, 28 years ago. 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 December 2023, Ben Bay Kiwanis Foundation Inc reported income of $167k and spending of $269k, spending 161% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $177k to $167k (-5.5%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ben Bay Kiwanis Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include River to River Runners ($167k), Sons of Confederate Veterans Inc ($167k) and Little League Baseball Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $127k against liabilities of $15k, net assets of $112k.