Kiwanis Club of Seward Foundationinc

Analysis

Kiwanis Club of Seward Foundationinc is a registered charity in United States, based in Seward, NE. It received its IRS tax-exemption ruling in January 2007, 19 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 Seward Foundationinc reported income of $60k and spending of $72k, spending 119% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income grew from $40k to $60k (+50%), an average of +50% a year. The sharpest change came in the year to September 2024, when income rose by 50%. Over the whole period it spent 109% 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 Seward Foundationinc 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 24th percentile, and in the 21st percentile within NE. Charities of a similar size with the same main cause include Signlight Inc ($60k), United Assoc P&p Lu 123 & Mech Contrs Assoc Central FL Char Found ($60k) and John Land Apopka Community Trust Inc ($60k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.