Wilton Kiwanis Foundation Inc

Analysis

Wilton Kiwanis Foundation Inc is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in September 1988, 38 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 2023, Wilton Kiwanis Foundation Inc reported income of $59k and spending of $47k, leaving 20% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $74k to $59k (-21%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wilton Kiwanis Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Belmont Chinese American Association ($59k), Community Credit Counseling Corporation ($59k) and Echoppe Inc ($58k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.