East Meadow Kiwanis Foundation Inc

Analysis

East Meadow Kiwanis Foundation Inc is a registered charity in United States, based in East Meadow, NY. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, East Meadow Kiwanis Foundation Inc reported income of $128k and spending of $123k, spending 96% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $136k to $128k (-6.0%), an average of -6.0% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Meadow Kiwanis Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Verona Community Center ($128k), Payette Lakes Community Association Inc ($128k) and Hospitality Employees Advancement and Training Inc ($128k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 15% of the total. At year end it held assets of $76k against liabilities of $21k, net assets of $55k.