Kiwanis Charities Inc Salisbury

Analysis

Kiwanis Charities Inc Salisbury is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in April 1964, 62 years ago. 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 Charities Inc Salisbury reported income of $53k and spending of $31k, leaving 41% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $34k to $53k (+52%), an average of +52% a year. The sharpest change came in the year to September 2023, when income rose by 52%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Charities Inc Salisbury sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Alano Club of the Piedmont Area ($53k), Set Free Prison Ministries ($53k) and Pars for Patriots Inc ($53k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.