Kiwanis Foundation of Tierrasanta San Diego California

Analysis

Kiwanis Foundation of Tierrasanta San Diego California is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Foundation of Tierrasanta San Diego California reported income of $72k and spending of $1,235, leaving 98% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $78k to $72k (-8.3%), an average of -8.3% a year. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kiwanis Foundation of Tierrasanta San Diego California sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Downtown South Bend Inc Foundation ($72k), Rob Benzon Dan Ferbal Foundation ($72k) and Joy of Life on the Gulf Coast Inc ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $473k against liabilities of $0, net assets of $473k.