Hooksett Kiwanis Foundation Inc

Analysis

Hooksett Kiwanis Foundation Inc is a registered charity in United States, based in Hooksett, NH. It received its IRS tax-exemption ruling in February 2005, 21 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, Hooksett Kiwanis Foundation Inc reported income of $101k and spending of $123k, spending 121% of what it took in. Across the 3 years on record, from September 2022 to September 2024, income grew from $91k to $101k (+11%), an average of +5.5% a year. The sharpest change came in the year to September 2023, when income rose by 83%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hooksett Kiwanis Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within NH. Charities of a similar size with the same main cause include Copper Valley Development Association Inc ($101k), North American Taiwanese Engineers Association ($101k) and Reaching Up ($101k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.