New York District Kiwanis Foundation Inc

Analysis

New York District Kiwanis Foundation Inc is a registered charity in United States, based in Taberg, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, New York District Kiwanis Foundation Inc reported income of $604k and spending of $710k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $604k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York District Kiwanis Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Tri-State Consortium Inc ($604k), Faculty Student Assoc Herkimer Comm College ($605k) and Covenant Christian School of Mason County ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $32k (4.5% of expenses). Other salaries and wages came to $202k. At year end it held assets of $1.3m against liabilities of $86k, net assets of $1.2m. It reported 31 employees.