Kiwanis Club of Louisville Foundati on Inc

Analysis

Kiwanis Club of Louisville Foundati on Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Kiwanis Club of Louisville Foundati on Inc reported income of $145k and spending of $104k, leaving 29% of income unspent that year. Across the 4 years on record, from September 2021 to September 2024, income grew from $97k to $145k (+49%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kiwanis Club of Louisville Foundati on Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within KY. Charities of a similar size with the same main cause include O Donnell & Friends Charities ($145k), Florida Thoroughbred Charities Inc ($146k) and John T Paolella Family Charitable Foundation ($145k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $711k against liabilities of $0, net assets of $711k.