Kiwanis Club of Lynchburg Foundtn

Analysis

Kiwanis Club of Lynchburg Foundtn is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Lynchburg Foundtn reported income of $101k and spending of $43k, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $71k to $101k (+42%), an average of +9.1% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 44% 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 Lynchburg Foundtn sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Students to Scholars ($101k), Agoura High School Parent-Faculty Club ($101k) and The Guinea Heritage Association Ltd ($101k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.