Kiwanis Club of Germantown

Analysis

Kiwanis Club of Germantown is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in September 2001, 25 years ago. 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, Kiwanis Club of Germantown reported income of $73k and spending of $63k, spending 87% of its income. Across the 2 years on record, from September 2019 to September 2023, income fell from $502k to $73k (-86%), an average of -86% a year. The sharpest change came in the year to September 2023, when income dropped by 86%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Club of Germantown sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Crosswind Elementary PTA Collierville Tennessee ($73k), Henry County Band Parents Club Inc ($73k) and PTA North Carolina Congress ($73k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.