Southwest District Kiwanis Foundation

Analysis

Southwest District Kiwanis Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Southwest District Kiwanis Foundation reported income of $251k and spending of $130k, leaving 48% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $143k to $251k (+76%), an average of +21% a year. The sharpest change came in the year to September 2023, when income rose by 134%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southwest District Kiwanis Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NM. Charities of a similar size with the same main cause include Buffalo & Western New York Junior Soccer League ($251k), Board of Regents of the University of Wisconsin System ($252k) and The Rock of Kingsley Inc ($251k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 11% of the total. Other salaries and wages came to $21k. At year end it held assets of $843k against liabilities of $70k, net assets of $774k. It reported 1 employees.