Kiwanis Heritage Inc

Analysis

Kiwanis Heritage Inc is a registered charity in United States, based in East Troy, WI. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Kiwanis Heritage Inc reported income of $761k and spending of $689k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $588k to $761k (+30%), an average of +6.7% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kiwanis Heritage Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include President Woodrow Wilson Manor ($761k), Dayspring Center Inc ($762k) and Maurice Schwartz Towers Incorporated ($761k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $114k. At year end it held assets of $2.4m against liabilities of $3.0m, net assets of -$583k.