Kiwanis Club of Alcoa Tennessee Foundation Inc

Analysis

Kiwanis Club of Alcoa Tennessee Foundation Inc is a registered charity in United States, based in Alcoa, TN. It received its IRS tax-exemption ruling in August 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 (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 Alcoa Tennessee Foundation Inc reported income of $69k and spending of $37k, leaving 47% of income unspent that year. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Club of Alcoa Tennessee Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Pearls of Life Women Foundation Inc ($69k), Wharf District Council Inc ($69k) and Down-Town Wichita Kiwanis Foundation ($69k).

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 $93k against liabilities of $0, net assets of $93k.