Kiwanis Holiday Lights Inc

Analysis

Kiwanis Holiday Lights Inc is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 February 2023, Kiwanis Holiday Lights Inc reported income of $366k and spending of $301k, spending 82% of its income. Across the 3 years on record, from February 2020 to February 2023, income grew from $262k to $366k (+40%), an average of +18% a year. The sharpest change came in the year to February 2022, when income rose by 29%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kiwanis Holiday Lights Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Dave McGillivray Finish Strong Foundation Inc ($366k), Nacogdoches County United Way ($366k) and Sego Lily Foundation ($366k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $336k against liabilities of $0, net assets of $336k.