Kiwanis Club of Claremont Foundation

Analysis

Kiwanis Club of Claremont Foundation is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Kiwanis Club of Claremont Foundation reported income of $69k and spending of $68k, spending 98% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $88k to $69k (-22%), an average of -22% a year. The sharpest change came in the year to September 2023, when income dropped by 22%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiwanis Club of Claremont 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 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Trenton Diocesan Council St Vincent Depaul Society Inc ($69k), Lawrence Foundation ($69k) and Davidson Heights ($69k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $155k against liabilities of $350, net assets of $154k.