Kiwanis Club of Southampton Town Foundation Inc

Analysis

Kiwanis Club of Southampton Town Foundation Inc is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in August 2012, 14 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 Southampton Town Foundation Inc reported income of $217k and spending of $65k, leaving 70% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $51k to $217k (+324%), an average of +324% a year. The sharpest change came in the year to September 2023, when income rose by 324%. Over the whole period it spent 54% 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 Southampton Town Foundation Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include P R O B E ($217k), Northern Liberties Neighbors Assoc ($217k) and Atlas of West Central Minnesota ($217k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.