Brooksville Kiwanis Club Foundation Inc

Analysis

Brooksville Kiwanis Club Foundation Inc is a registered charity in United States, based in Brooksville, FL. It received its IRS tax-exemption ruling in September 1996, 30 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 2024, Brooksville Kiwanis Club Foundation Inc reported income of $88k and spending of $320k, spending 363% of what it took in. Across the 5 years on record, from September 2020 to September 2024, income fell from $1.0m to $88k (-91%), an average of -46% a year. The sharpest change came in the year to September 2022, when income rose by 174%. Over the whole period it spent 37% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brooksville Kiwanis Club Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Florida Association of Enviromental Professionals Inc ($88k), Little Kanawha Area Development Corp ($88k) and Historic River District ($88k).

At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.