Kiwanis Club of Anacortes Sunrisers Charitable Foundation

Analysis

Kiwanis Club of Anacortes Sunrisers Charitable Foundation is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Anacortes Sunrisers Charitable Foundation reported income of $55k and spending of $55k, spending 99% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $44k to $55k (+25%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiwanis Club of Anacortes Sunrisers Charitable 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 22nd percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include Carl Junction Educational Foundation ($55k), Sarita and Claire Wright Lucas Foundation Inc ($55k) and Minnesota Park and Sports Turf ($55k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.