Kiwanis Club of Lafayette Foundation

Analysis

Kiwanis Club of Lafayette Foundation is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kiwanis Club of Lafayette Foundation reported income of $63k and spending of $59k, spending 93% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $45k to $63k (+39%), an average of +39% a year. The sharpest change came in the year to September 2023, when income rose by 39%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of Lafayette Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within LA. Charities of a similar size with the same main cause include Goodfellows of Dekalb-Sycamore Inc ($63k), Last Call 4 Grace Ministries Inc ($63k) and Chattanooga Kiwanis Youth Foundation Inc ($63k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.