The Cape Coral Kiwanis Foundation Inc

Analysis

The Cape Coral Kiwanis Foundation Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Cape Coral Kiwanis Foundation Inc reported income of $961k and spending of $937k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $789k to $961k (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2021, when income rose by 49%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Cape Coral Kiwanis Foundation Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Global Projects for Peace ($961k), Whitewater Community Foundation ($962k) and Staenberg Family Foundation ($961k).

Other salaries and wages came to $80k. At year end it held assets of $4.5m against liabilities of $311k, net assets of $4.1m. It reported 2 employees.