Kiwanis Club of Los Rancheros Foundation

Analysis

Kiwanis Club of Los Rancheros Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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, Kiwanis Club of Los Rancheros Foundation reported income of $100k and spending of $101k, spending 101% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $24k to $100k (+320%), an average of +61% a year. The sharpest change came in the year to September 2023, when income rose by 228%. Over the whole period it spent 157% 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 Los Rancheros Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Lac Qui Parle County Historical Society ($100k), Mount Olive Lutheran Church Foundation ($100k) and PTA California Congress of Parents Teachers & Students Inc ($100k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $488k against liabilities of $24k, net assets of $463k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.