Fargo Kiwanis Club Foundation

Analysis

Fargo Kiwanis Club Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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 September 2024, Fargo Kiwanis Club Foundation reported income of $70k and spending of $53k, leaving 24% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $54k to $70k (+31%), an average of +31% a year. The sharpest change came in the year to September 2024, when income rose by 31%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fargo Kiwanis Club Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 19th percentile within ND. Charities of a similar size with the same main cause include Panorama City Library Association ($70k), Expectant Parents Organization ($70k) and Theatre Hall of Fame Inc ($70k).

At year end it held assets of $135k against liabilities of $0, net assets of $135k.