Kiwanis Club of Naples-On-The-Gulf Florida Foundation Inc

Analysis

Kiwanis Club of Naples-On-The-Gulf Florida Foundation Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Naples-On-The-Gulf Florida Foundation Inc reported income of $57k and spending of $63k, spending 110% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $68k to $57k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of Naples-On-The-Gulf Florida Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Forever Young Activity Center ($57k), New Vision Community Services ($57k) and Washington Avenue Apartments Corp ($57k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $39k against liabilities of $2,500, net assets of $37k.