Kiwanis Foundation of Tellico Village

Analysis

Kiwanis Foundation of Tellico Village is a registered charity in United States, based in Loudon, TN. It received its IRS tax-exemption ruling in January 2004, 22 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 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 2024, Kiwanis Foundation of Tellico Village reported income of $78k and spending of $82k, spending 106% of what it took in. Across the 3 years on record, from September 2022 to September 2024, income grew from $62k to $78k (+25%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Foundation of Tellico Village 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 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include National Charity League Inc ($78k), Rancho Mirage Womans Club ($78k) and Nlen Support Corporation ($78k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.