Kiwanis Club of Shasta Dam Foundation

Analysis

Kiwanis Club of Shasta Dam Foundation is a registered charity in United States, based in Shasta Lake, CA. It received its IRS tax-exemption ruling in October 2014, 12 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 October 2023, Kiwanis Club of Shasta Dam Foundation reported income of $74k and spending of $65k, spending 88% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $43k to $74k (+70%), an average of +70% a year. The sharpest change came in the year to October 2023, when income rose by 70%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Club of Shasta Dam Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Payette Lakes Progressive Club Inc ($74k), Homeplace on Green River Inc ($74k) and Friends of Riverfront Inc ($74k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 28% and program service revenue 24% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.