Kiwanis Clubs Building Corporation

Analysis

Kiwanis Clubs Building Corporation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in September 1960, 66 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, Kiwanis Clubs Building Corporation reported income of $134k and spending of $146k, spending 109% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $122k to $134k (+9.5%), an average of +9.5% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Clubs Building Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Care Providers of Minnesota Foundation Inc ($134k), Wells Branch Soccer Association ($134k) and Virginia Peninsula Chamber Foundation Inc ($134k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $290k against liabilities of $66k, net assets of $225k.