Kiwanis Foundation of the District of Columbia

Analysis

Kiwanis Foundation of the District of Columbia is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1945, 81 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kiwanis Foundation of the District of Columbia reported income of $207k and spending of $418k, spending 202% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $540k to $207k (-62%), an average of -21% a year. The sharpest change came in the year to September 2023, when income dropped by 67%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiwanis Foundation of the District of Columbia sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 30th percentile within DC. Charities of a similar size with the same main cause include Love Laugh and Live Foundation Inc ($207k), Valley County Economic Development Council Inc ($207k) and Laurelhurst Neighborhood Assoc ($207k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.