Kiwanis Club of Atascadero Foundation

Analysis

Kiwanis Club of Atascadero Foundation is a registered charity in United States, based in Atascadero, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Atascadero Foundation reported income of $116k and spending of $128k, spending 110% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $95k to $116k (+23%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Club of Atascadero Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Franklin County Theatre-Arts Council Inc ($116k), South Euclid Community Urban Redevelopment Corporation ($116k) and West Shore District Management Association Inc ($116k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.6% and program service revenue 18% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.