Kiwanis Foundation of Arlington Va

Analysis

Kiwanis Foundation of Arlington Va is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 1954, 72 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 Foundation of Arlington Va reported income of $152k and spending of $99k, leaving 35% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $73k to $152k (+108%), an average of +20% a year. The sharpest change came in the year to September 2021, when income rose by 59%. Over the whole period it spent 84% 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 Arlington Va sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Good Causes Inc ($152k), Social Impact Properties ($152k) and Pine Street Committee Inc ($152k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.