Kiwanis Foundation of Indianapolis Inc

Analysis

Kiwanis Foundation of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1950, 76 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 December 2023, Kiwanis Foundation of Indianapolis Inc reported income of $468k and spending of $345k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $554k to $468k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 59% 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 Indianapolis Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Ginger Cove Foundation Inc ($468k), Smach Zevilin of Ny Inc ($468k) and Kelly Reeves Memorial Foundation ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% of the total. Other salaries and wages came to $47k. At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m.