Peninsula Hewlett Kiwanis Foundation Inc

Analysis

Peninsula Hewlett Kiwanis Foundation Inc is a registered charity in United States, based in Hewlett, NY. It received its IRS tax-exemption ruling in December 1992, 34 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 September 2023, Peninsula Hewlett Kiwanis Foundation Inc reported income of $79k and spending of $59k, leaving 25% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $65k to $79k (+21%), an average of +21% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Hewlett Kiwanis Foundation Inc 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 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Blind Recreation Center of San Diego ($79k), PTA Florida Congress ($79k) and Special Young Adults Inc ($79k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.