Adrian Kiwanis Foundation Inc

Analysis

Adrian Kiwanis Foundation Inc is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in April 1985, 41 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adrian Kiwanis Foundation Inc reported income of $148k and spending of $97k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $156k to $148k (-5.5%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 355%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Adrian Kiwanis Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Junior League of San Angelo Inc ($148k), Orange Economic Development Corp ($148k) and Downtown West Allis Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.