Kiwanis Club of Snohomish Charitable Foundation

Analysis

Kiwanis Club of Snohomish Charitable Foundation is a registered charity in United States, based in Snohomish, WA. It received its IRS tax-exemption ruling in August 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 2024, Kiwanis Club of Snohomish Charitable Foundation reported income of $99k and spending of $56k, leaving 43% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $96k to $99k (+3.3%), an average of +3.3% a year. Over the whole period it spent 117% 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 Snohomish Charitable Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Magnificat Institute of Sacred Music Inc ($99k), Livestock Memorial Research Fund ($99k) and No Stones Ministries Inc ($99k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 4.2% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.