Marco Island Kiwanis Foundation Inc

Analysis

Marco Island Kiwanis Foundation Inc is a registered charity in United States, based in Marco Island, FL. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Marco Island Kiwanis Foundation Inc reported income of $60k and spending of $42k, leaving 30% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $24k to $60k (+153%), an average of +153% a year. The sharpest change came in the year to September 2023, when income rose by 153%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marco Island Kiwanis Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Orphan Shade Inc ($60k), Tunica County Services Agency Inc ($60k) and Make an Investment in Love and Kindness ($60k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.