Kiwanis Club of the Citrus Center Foundation Inc

Analysis

Kiwanis Club of the Citrus Center Foundation Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in December 1988, 38 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 2024, Kiwanis Club of the Citrus Center Foundation Inc reported income of $134k and spending of $67k, leaving 50% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $70k to $134k (+91%), an average of +91% a year. The sharpest change came in the year to September 2024, when income rose by 91%. Over the whole period it spent 56% 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 the Citrus Center Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Morocco Foundation ($134k), Mississippi Trucking Association Foundation Inc ($134k) and City Roots Community Land Trust Inc ($134k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $295k against liabilities of $2,000, net assets of $293k.