Kiwanis Club of Deerfield Beach Charitable Foundation Inc

Analysis

Kiwanis Club of Deerfield Beach Charitable Foundation Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in February 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Kiwanis Club of Deerfield Beach Charitable Foundation Inc reported income of $121k and spending of $93k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income grew from $92k to $121k (+33%), an average of +7.3% a year. The sharpest change came in the year to September 2022, when income rose by 159%. Over the whole period it spent 68% 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 Deerfield Beach Charitable Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Lefleur East Foundation ($121k), Ahava Ministries Inc ($122k) and I Am My Brothers Keeper CDC ($121k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 8.9% and program service revenue 82% of the total. At year end it held assets of $832k against liabilities of $0, net assets of $832k.