Kiwanis Club of Ann Arbor

Analysis

Kiwanis Club of Ann Arbor is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in March 1965, 61 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 Club of Ann Arbor reported income of $2.4m and spending of $2.1m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $2.4m (+49%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 88% 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 Ann Arbor sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Kentucky Chamber Foundation Inc ($2.4m), SC Vocations & Individual Advancement ($2.4m) and City of Evansville Endowment Fund Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.5% and program service revenue 72% of the total. Other salaries and wages came to $504k. At year end it held assets of $5.6m against liabilities of $552k, net assets of $5.1m. It reported 21 employees.