Kiwanis Indiana Foundation Inc

Analysis

Kiwanis Indiana Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1963, 63 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, Kiwanis Indiana Foundation Inc reported income of $286k and spending of $202k, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $264k to $286k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to September 2022, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Indiana Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Lutheran Service Society of New York ($286k), Martin Luther King Jr Celebration Committee of Brazoria County ($286k) and Asian American Chamber of Commerce of Greater Philadelphia Foundation ($286k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $967k against liabilities of $0, net assets of $967k.