Kiwanis Club of Griffin Foundation Inc

Analysis

Kiwanis Club of Griffin Foundation Inc is a registered charity in United States, based in Griffin, GA. It received its IRS tax-exemption ruling in August 1997, 29 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kiwanis Club of Griffin Foundation Inc reported income of $97k and spending of $94k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $195k to $97k (-50%), an average of -16% a year. The sharpest change came in the year to September 2022, when income rose by 286%. Over the whole period it spent 90% 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 Griffin Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Cove Creek Preservation and Development Inc ($97k), Let US Learn Inc ($97k) and Winchester Rotary Charitable Fund Inc ($97k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 78% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.