Kiwanis Club of Escondido Foundation

Analysis

Kiwanis Club of Escondido Foundation is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in April 2001, 25 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 Escondido Foundation reported income of $74k and spending of $60k, spending 81% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $111k to $74k (-33%), an average of -33% a year. The sharpest change came in the year to September 2023, when income dropped by 33%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of Escondido Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include San Jose Pioneer Lions Club ($74k), Red River Riders Therapeutic Horseback Riding Inc ($74k) and Cayucos Senior Citizens Club ($74k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.