Downtown Akron Kiwanis Foundation Inc

Analysis

Downtown Akron Kiwanis Foundation Inc is a registered charity in United States, based in Tallmadge, OH. It received its IRS tax-exemption ruling in July 2015, 11 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 2024, Downtown Akron Kiwanis Foundation Inc reported income of $97k and spending of $34k, leaving 65% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $35k to $97k (+178%), an average of +67% a year. The sharpest change came in the year to September 2023, when income rose by 111%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Downtown Akron Kiwanis Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include East Bridgewater Youth Soccer Association ($97k), Madam President Camp Inc ($97k) and Turtles Trail Foundation Inc ($97k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.