Kiwanis Club of Stuart Florida Foundation Inc

Analysis

Kiwanis Club of Stuart Florida Foundation Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in March 1988, 38 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 2023, Kiwanis Club of Stuart Florida Foundation Inc reported income of $176k and spending of $194k, spending 110% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $117k to $176k (+50%), an average of +50% a year. The sharpest change came in the year to September 2023, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kiwanis Club of Stuart Florida Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($176k), Northwest Dade Adult Residential Treatment Systems Inc ($176k) and Aledo Lions Youth Activities Inc ($176k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $118k against liabilities of $16k, net assets of $101k.