Florida Kiwanis Foundation Inc

Analysis

Florida Kiwanis Foundation Inc is a registered charity in United States, based in Atlantic BCH, FL. It received its IRS tax-exemption ruling in June 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 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 2023, Florida Kiwanis Foundation Inc reported income of $393k and spending of $438k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $853k to $393k (-54%), an average of -18% a year. The sharpest change came in the year to September 2021, when income rose by 706%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Florida Kiwanis Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Joint Economic Development Initiative of Southern Ohio ($392k), Young Leaders Council Inc ($393k) and Cents Ability Inc ($392k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $5.0m against liabilities of $14k, net assets of $5.0m.