Canandaigua Kiwanis Foundation Inc

Analysis

Canandaigua Kiwanis Foundation Inc is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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, Canandaigua Kiwanis Foundation Inc reported income of $81k and spending of $65k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $133k to $81k (-39%), an average of -39% a year. The sharpest change came in the year to September 2023, when income dropped by 39%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canandaigua Kiwanis Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Masonic Service Bureau of Rochester N Y Inc ($81k), Spaulding Memorial Library ($81k) and Jay Patriot Band Boosters Corporation ($81k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $446k against liabilities of $10k, net assets of $436k.