Joliet Kiwanis Charities Inc

Analysis

Joliet Kiwanis Charities Inc is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 2023, Joliet Kiwanis Charities Inc reported income of $55k and spending of $42k, leaving 23% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $51k to $55k (+7.2%), an average of +7.2% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joliet Kiwanis Charities Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Junior Auxiliary of Vicksburg Ms Inc ($55k), Richland County Safety Council ($55k) and 50-60 Kosciuzko Street Housing Development Fund Company Inc ($55k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.