Kiwanis International Foundation Inc

Analysis

Kiwanis International Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1960, 66 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 September 2023, Kiwanis International Foundation Inc reported income of $3.1m and spending of $3.8m, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.0m to $3.1m (-23%), an average of -6.4% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 112% 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 International Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Marion Community Foundation ($3.1m), United Way of Monongalia and Preston Counties Inc ($3.1m) and Education Success Network Inc ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $165k (4.4% of expenses). Other salaries and wages came to $712k. At year end it held assets of $17.0m against liabilities of $426k, net assets of $16.6m. It reported 13 employees.