Kiwanis Club of Ticonderoga Scholership Fund Inc

Analysis

Kiwanis Club of Ticonderoga Scholership Fund Inc is a registered charity in United States, based in Ticonderoga, NY. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kiwanis Club of Ticonderoga Scholership Fund Inc reported income of $101k and spending of $44k, leaving 57% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income fell from $159k to $101k (-36%), an average of -20% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiwanis Club of Ticonderoga Scholership Fund Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Trinity Preschool Corporation ($101k), Plumbers and Pipefitters Local 286 Scholarship Fund ($101k) and Goliad County Area Go Texan Inc ($101k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $611k against liabilities of $0, net assets of $611k.