Valparaiso Kiwanis Club Foundation

Analysis

Valparaiso Kiwanis Club Foundation is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in December 1999, 27 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 (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, Valparaiso Kiwanis Club Foundation reported income of $81k and spending of $93k, spending 114% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $99k to $81k (-18%), an average of -18% a year. The sharpest change came in the year to September 2023, when income dropped by 18%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Valparaiso Kiwanis Club Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Lincoln County Economic Development Corporation ($81k), Radius ($81k) and The National Coalition of 100 Black Women Chattanooga Chapter Inc ($81k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.