Kiwanis Club of Milwaukeefoundation Inc

Analysis

Kiwanis Club of Milwaukeefoundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 September 2023, Kiwanis Club of Milwaukeefoundation Inc reported income of $85k and spending of $73k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $88k to $85k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Club of Milwaukeefoundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Central Christian Church Foundation ($85k), PTA Texas Congress ($85k) and Hospice of the Hills Inc ($85k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.