Kiwanis Club of Danville Foundation

Analysis

Kiwanis Club of Danville Foundation is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in July 1940, 86 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 Danville Foundation reported income of $229k and spending of $272k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $195k to $229k (+18%), an average of +4.2% a year. Over the whole period it spent 98% 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 Danville Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Husaynia Islamic Society of Seattle ($229k), Historic Portland Public Market Foundation ($229k) and American Dental Hygienists Association Institute for Oral Hea ($229k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.