The Kiwanis Club of Black Mountain Swannanoa Foundation Inc

Analysis

The Kiwanis Club of Black Mountain Swannanoa Foundation Inc is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in January 1989, 37 years ago. 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 2024, The Kiwanis Club of Black Mountain Swannanoa Foundation Inc reported income of $361k and spending of $268k, leaving 26% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $234k to $361k (+54%), an average of +9.1% a year. The sharpest change came in the year to September 2022, when income rose by 117%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Kiwanis Club of Black Mountain Swannanoa Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Washington State Association of RSVP Directors ($361k), Nami Cook County North Subrban ($361k) and Wellspring Church Texarkana ($361k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $793k against liabilities of $146, net assets of $793k.