Kiwanis Club Foundation of Ooltewah-Collegedale

Analysis

Kiwanis Club Foundation of Ooltewah-Collegedale is a registered charity in United States, based in Collegedale, TN. It received its IRS tax-exemption ruling in April 2009, 17 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 2024, Kiwanis Club Foundation of Ooltewah-Collegedale reported income of $80k and spending of $41k, leaving 49% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income fell from $88k to $80k (-8.4%), an average of -8.4% a year. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kiwanis Club Foundation of Ooltewah-Collegedale sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Hanford Community Foundation ($80k), B F Johnson Community Center Inc ($80k) and Wall Street Women of Texas ($80k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.