Minnesota-Dakotas Kiwanis Educational Foundation

Analysis

Minnesota-Dakotas Kiwanis Educational Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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, Minnesota-Dakotas Kiwanis Educational Foundation reported income of $62k and spending of $91k, spending 147% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $75k to $62k (-17%), an average of -4.7% a year. The sharpest change came in the year to September 2022, when income rose by 288%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota-Dakotas Kiwanis Educational Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Braylin Campbell Memorial Music Business Scholarship Foundation Fu ($62k), PTA Texas Congress ($62k) and Virginia Congress of Parents and Teachers ($62k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $12k (13% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.