Nebraska Iowa Kiwanis District Foundation

Analysis

Nebraska Iowa Kiwanis District Foundation is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in April 1971, 55 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Nebraska Iowa Kiwanis District Foundation reported income of $78k and spending of $69k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $117k to $78k (-33%), an average of -9.6% a year. The sharpest change came in the year to September 2022, when income dropped by 40%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nebraska Iowa Kiwanis District Foundation 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 30th percentile, and in the 29th percentile within IA. Charities of a similar size with the same main cause include Kiwanis Club of Milpitas Foundation ($78k), Philadelphia Chapter of Professional Women in Construction ($78k) and Onondaga Civic Development Corporation ($78k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 14% of the total. At year end it held assets of $664k against liabilities of $4,100, net assets of $660k.