Kiwanis Club of Valparaiso Sunrise Incorporated

Analysis

Kiwanis Club of Valparaiso Sunrise Incorporated is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Kiwanis Club of Valparaiso Sunrise Incorporated reported income of $55k and spending of $44k, spending 81% of its income. Across the 5 years on record, from September 2020 to September 2024, income fell from $57k to $55k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to September 2022, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Club of Valparaiso Sunrise Incorporated 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 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Chebeague Island Community Association ($55k), Blowing Rock Civic Association ($55k) and Monument Square District Inc ($55k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.