Kiwanis Club of Shorewood Foundation

Analysis

Kiwanis Club of Shorewood Foundation is a registered charity in United States, based in Beverly Hills, MI. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Shorewood Foundation reported income of $124k and spending of $74k, leaving 41% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $122k to $124k (+1.8%), an average of +1.8% a year. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiwanis Club of Shorewood Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Move Up Global Inc ($124k), Asociacion de Personas Con Impedime Ntos Inc ($124k) and Dixie Escalante Kite Festival ($124k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.9% of the total. At year end it held assets of $552k against liabilities of $0, net assets of $552k.