Capital District Kiwanis Foundation

Analysis

Capital District Kiwanis Foundation is a registered charity in United States, based in Haymarket, VA. It received its IRS tax-exemption ruling in June 1973, 53 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, Capital District Kiwanis Foundation reported income of $105k and spending of $97k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $68k to $105k (+55%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 468%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Capital District Kiwanis Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Boonville Now ($105k), Neurodiversity at Work ($105k) and Winston Ireland Corporaton ($105k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.