Kiwanis Club of Cloverdale Foundation

Analysis

Kiwanis Club of Cloverdale Foundation is a registered charity in United States, based in Cloverdale, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kiwanis Club of Cloverdale Foundation reported income of $61k and spending of $39k, leaving 36% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $38k to $61k (+61%), an average of +61% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiwanis Club of Cloverdale Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Maple Dale PTO ($61k), Angels Anonymous ($61k) and Sanford Schools Legacy Foundation ($61k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.